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Centamin Ord Shs T.CEE

Alternate Symbol(s):  CELTF

Centamin plc is a Jersey-based gold producer. Its assets include Sukari Gold Mine, Doropo Gold Project and ABC Project. The Sukari is a bulk tonnage open pit and a high-grade underground operation, with significant exploration upside at depth and regionally, within the 160 square kilometers (km2) tenement. The Doropo Project consists of seven exploration permits, covering an area of over 1,850 km2. The Doropo Project is in the northeast of Cote d’Ivoire, over 480 kilometers (km) north of Abidjan. The ABC Project is in northwest Cote d'Ivoire, over 550 km northwest of Abidjan and 460 km west of Centamin's Doropo project. Its EDX Blocks comprise 3,000 km2 of greenfield exploration tenements within the Egyptian section of the Arabian Nubian Shield. The land package is divided into three blocks: Nugrus Block, which covers over 1,086 km2, Um Rus Block, which is located 50 km north of Sukari, and Najd Block, which is located 100 km northwest of Sukari in the Central Eastern Desert.


TSX:CEE - Post by User

Bullboard Posts
Post by certified8on Jul 14, 2007 2:39pm
426 Views
Post# 13089415

Mill Construction ahead of Schedule?

Mill Construction ahead of Schedule?Hi, April 27 CEE was a TOP PICK by JF Tardiff of Sprott, to be accurate they had just participated in a financing and as usual are big holders of the stock. JF indicated that they had purchased a used mill and it was on a ship. The mill came from Bolivia (ex Newmont)and was being shipped to Marsa Sha'ab which is a small port on the Red Sea about 25 kms on an upgraded road from the mine. To be accurate a used power plant is being installed and a lot of loaders and trucks were purchased. Also camp and shop facilities being built. Are they ahead of schedule and will produce gold by year end? This old analysts report shows production in 2008? https://www.centamin.com/admin/uploads/Westwind_Partners_-_26_April_2007.pdf We have added more looking for at least $2.00 Good luck and DYOD
Bullboard Posts