Centamin Ord Shs T.CEE

Alternate Symbol(s): CELTF

Metals & Mining Gold

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.

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Centamin Ord Shs

Bullboard Posts

Comment by BagOfGoldon Jan 22, 2010 10:04am

221 Views

Post# 16707464

RE: Thnings not as bad as once thought

Blairworks;

Target price by B Of A/Merill Lynch is 225 pence or $2.41 at $850 gold...once CEE reports production. The Kitco Gold Cartel led by Cyclist...has directed everyone to sell their gold & gold/silver stocks & buy back in AFTER Jan 28th! Cyclist...is usually bang on with his predictions! This seems to have been working! If you or anyone has any spare money...that is where you may want to add or buy in. However...there is always the danger that CEE may report before that a resource update or gold that has been produced...& then of course...the price would go higher! I think you are right...go & buy CEE today!!!

Best Of Luck;

Bag Of Gold

Bullboard Posts

What is the gold outlook for the rest of 2024?