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Centamin PLC 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
Comment by trader520on Aug 22, 2009 8:51pm
188 Views
Post# 16241223

RE: RE: going down !

RE: RE: going down !been in this one for a while now......

if you think you are going to see 1.35, i doubt it.  that would make me an unhappy bagholder. IMO, least when you expect it, this could jump up into the 1.70's. could happen sooner than you think.......gold may not be rushing towards $1000, but it's staying well above $900, and the amount of gold in the ground isnt getting any less (except for production, that is).

if you want in, i would do it now. look at the charts, do your DD. or wait for 1.35 (take lotsa oxygen bottles with you, cause you will run out of breath waiting for 1.35 many times over)

cheers
Bullboard Posts