RE: lack of buyer: Insiders exercise optionsCentamin Egypt Limited (CEE)
As of February 22nd, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Feb 22/08 Jan 30/08 El-Raghy, Youssef Abbas Direct Ownership Ordinary Shares 51 - Exercise of options 150,000 $0.280
Feb 22/08 Jan 30/08 El-Raghy, Youssef Abbas Direct Ownership Options 51 - Exercise of options -150,000 $0.280
Feb 21/08 Feb 11/08 Brown, Heidi Anne Direct Ownership Ordinary Shares 51 - Exercise of options 200,000 $0.711
Feb 21/08 Feb 11/08 Brown, Heidi Anne Direct Ownership Options 51 - Exercise of options -200,000 $0.711
Patience is always a good idea. This is imo 1 of the best gold plays near production. With the lack of volume its difficult to trade anything but a small position around a core holding. CEE is a takeover just waiting to happen imo and ABX hasn't been openly taken over any jr's recently but RIO just sold them the rest of Cortez for $1.7B, so could be awhile before Munk gets an itchy palm again. LOL Still plenty of other opportunities abound within the mining sector. A bear market for stocks in a bull commodities market, go figure. opportunities knocking imo