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Central and Eastern Europe Fund Inc T.CEE


Primary Symbol: CEE

The Central and Eastern Europe Fund, Inc. (the fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. The Fund invests in various sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas, and consumable fuels; wireless telecommunication services; insurance; media; airlines, chemicals, and pharmaceuticals; entertainment; interactive media and services, information technology (IT) services; insurance, and textiles, apparel, beverages, and luxury goods. DWS International GmbH is the investment advisor of the Fund.


NYSE:CEE - Post by User

Comment by whocares8on Aug 19, 2007 10:47am
337 Views
Post# 13268847

RE: CEE

RE: CEEFrom what Ive read and heard, CEE will begin producing 200,000 ounces by the 3rd quarter of 08....and thus far seem to be on schedule, but dont bet the farm on that...once a company matures from a explore co. to production co. a premium is always given...the amount...your guess is as good as mine, they have 9 active drill rigs and every quarter since I have followed it continue to increase to proven reserves with the key phrase always attached to the news "expect to continue to add significant resource growth", love it when they say that...LOL. To my knowledge 2 firms were key in the index listing here sprott and acuity, with very visible exposure in a number of portfolios....Gold is being put as an over weight position by many firms, as well as higher gold prices are being called for.....Jean Fracois tardiff was recently on BNN and a group of analysts are expected to visit egypt (current quarter) to view the site...expected CEE to move higher to year end as well as more interest as the reports start being put out, also i believe this is the first company with agreements to mine in egypt as per the website wit the government backing the company and its assets in the..also as per the website....this could be a very very interesting gem and a price to follow over the next 12-18 months.....Well what I have taken so far hope it helps. Good luck to all, this puppy has since become a very big piece of my pie, lets hope im not crazy or a Bri-x relapse, lol. Cheers!
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