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Central and Eastern Europe Fund Inc T.CEE


Primary Symbol: CEE

The Central and Eastern Europe Fund, Inc. (the fund) is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment in equity or equity-linked securities of issuers domiciled in Central and Eastern Europe. Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings used for investment purposes) in securities of issuers domiciled in Central and Eastern Europe. The Fund invests in a range of sectors, such as banks; diversified telecommunication services; electric utilities; food and staples retailing; metals and mining; oil, gas, and consumable fuels; wireless telecommunication services; insurance; media; airlines, chemicals, and pharmaceuticals; entertainment; interactive media and services, information technology (IT) services; insurance, and textiles, apparel, beverages, and luxury goods. DWS International GmbH is the investment advisor of the Fund.


NYSE:CEE - Post by User

Post by galvanizedon Dec 13, 2012 2:19pm
100 Views
Post# 20726299

EGPC

EGPC

The EGPC is a totally insolvent organization, so it isn't just Centamin that is having problems with them.  Alot of their suppliers are experiencing slow pays or no pays with these idiots.

However, I believe that Centamin's concession agreement gives them the right to import whatever they need to run the mine,   To my mind, they could get running again by bringing in a barge full of diesel from somewhere.

A gold for diesel trade with Iran perhaps?

No revenue has a way of focusing minds.  This shutdown won't last long.  Bought more today.  What a bargain!

 

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