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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 lenticularon Nov 23, 2007 7:40pm
333 Views
Post# 13860598

Gold up 26 bucks and CEE down??

Gold up 26 bucks and CEE down??This stock has an odd trading pattern. Every gold stock I own was up fairly large today. How do you guys get use to this stock moving very little in a rising gold environment? I am holding because I see a great company in the making..but must admit I am not use to owning a junior gold stock that doesn't move up when gold does. Would you guys still be holding if gold goes to 1000 an ounce and this stock is still sitting at 1.25?? Just curious.
Bullboard Posts