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

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Comment by BullCoinon Dec 06, 2007 3:13pm

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Post# 13927345

RE: -CEE - 15mil.oz of gold Soon -

I dont know about that. Gold mines take a long time to build and even then they cost a lot too. Now oil is also highly profitable and a lot quicker to build a well. Results sooner so it might be better to take some profits and come back later. Connacher has 5 new sweet oil wells, production tanks and the massive oilsand project almost finished steaming, producing 350 barrels a day and will soon start approaching 10,000 barrels a day rampup. T.CLL

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