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 99999goldon Dec 04, 2014 12:04am

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Post# 23193416

RE:RE:RE:Nearly 26M shares traded in UK today

Flopticalcube wrote: but the canuck market for this share don't mean Jack. Its all about the UK. We know that a fund was selling. Could be a fund buying... or a bidder.

not a bidder, no way that it goes for that kind of volume in one day in the UK on a bid. The UK is the proxy for the CDN share, so what happens over there - up/down it'll happen here as well. The majority of the stock is obviously over there volume wise.

for every buy there's a sell obviously so if there's a need from a fund that fund will have to buy it up or it could be that stock gets bought on its 50-200 dma so the stock doesn't run up on them.

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