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 WonmanshowBMLon Feb 28, 2011 4:22am

386 Views

Post# 18203446

RE: RE: Down .90 in Europe

I hear what you're saying Babe but the share price is still dropping in Europe. The company again denies any knowledge of a problem but for those who bought in the $3.00 range denials of news reports is not any consolation when the value continues to drop as we speak.
You Babe are a daytrader of CEE so say what you like but the value is eroding rapidly and there's no way to escape the pain when one can't sell the stock until the morning in North America.
By then who knows how low it will be. The way it's declining in Europe it could very well open at $1.50 or lower.

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