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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

Comment by galvanizedon Apr 29, 2013 8:41pm
74 Views
Post# 21316435

RE: April Production 1060kg

RE: April Production 1060kg

This is what they shipped, rather than what they produced, so you need to keep in mind this number is going to be a little noisy.  One can't just multilpy by 12 to arrive at annual production.   Also, the gold bars shipped from the mine to the refiner are about 93-94% gold and the rest silver ( I remember this from some utube clip I saw a few years ago.  Sorry no link ), so the number should be adjusted accordingly.   Also, I suppose, if they are "unlucky" enough to be mining some ore with a higher silver content, then the shipment number might look rather inflated.

Adjust your enthusiam accordingly when these shipment reports turn up in the local priess.  It is always nice to hear that the mine is running smoothly, however.

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