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Will there be another good-hiding in store for us on Wednesday I wonder? - There's usually a minimum of two slap-downs from Centamin set-back news. - There has been the odd occasion when we've suffered three. - Punch-drunk or what!
Just for fun I'll call the other side of the coin and pose a few 'what ifs'
what if Sukari is amalgamated into the new royalty scheme and the 'postponed' 4th quarter production gets taxed instead of 50/50 profit-shared...
what if the long awaited LOM review outlines a greatly expanded super-pit , doubling life of mine and upping production...
what if Burkina Faso is finally approved and we discover the West African resource is doubled or tripled overnight...
The silence from management on all things exploration related will have to break sooner or later — I sincerely hope it's sooner !
Ha ha, nice one Cowichan.
Like you suggest , anything could happen.
I still find the missing licensing areas strange.
Something big blowing in the wind ?
Or just vivid imaginations and hot air.
We will, maybe, soon find out, when it suits EMRA !
Until then ,we are all on tenterhooks.
But still producing gold at a price of gold ,3 years ago we would never have believed.
May I do a “what if” that has already taken place and is commonly used to settle shareholders nerves in times of uncertainty...
With respect to all: What if the CFO of Centamin bought 100k shares at 151p(?) as a clear message to everyone that things are going to be grand.
No poison can kill a positive thinker, and no medicine can save a negative thinker.
Yes Razors I agree.
Sotolo claims he is not a de-ramped, but if you read his posting history it tells another story, confirmed by a poster on HOC bulletin board as de ramping Centamin ,so he can get in at a lower price yet again.
Best ignored, IMO.
It's not just one poster on HOC ,that savvies "Job's comforter but two Thunder2040 and Soulsister, both made comments on HOC ,on the 14/10/2020 accusing him of de-ramping.
If you look further back there is much more evidence of de-ramping both companies, when it suits purpose.
Dear Mr Bond
I very sadly own and have owned 80% of my portfolio in Hoc and Cey. For some reason whenever I worry that bad production figures coming up in the quarterly reports may hit the share price again, even though known and heralded, as they have before, unless the companies explain more strongly that they are temporary, I am accused of deramping. Why do some on this board not appreciate honest opinion about where the price may go, we need both bulls and bears explaining their case, right or wrong? I remain a long term bull, and proselytiser for this share - I even got my accountant to buy some last month - but I also sensibly worry about the direction of the gold price, production fall for how long (if just temporary the price drop is unfair), and cost rises how big, (same) and enjoy. discussing these valid worries and others views on this board. Some like Tiger were so worried in Aug they sold out, I stayed fully holding as said then, apart form a 10% switch from Cey toHoc as the price gap narrowed. Very sadly for me both Cey and Hoc have lost about 25% since aug when it was so good I got builders to start costing my house, they are frighteningly coming on Thursday to discuss it, so I am desperate for a higher price, hence my worry about tomorrow morning. Will the market react to terrible figures (unlike other miners who haven't lost production) or will we get some good news about the future that saves or improves the price?
Razor thanks but I made films by working through all the downsides, and doing so got me, luckily, 4 Bafta, it is just my way; what I love about these boards is it takes all sorts, Razor you cheered me!
Mr B. I was only replying to your helpful Kitco article saying profits of miners would be much higher in the third quarter pointing out that the managements of both Cey and Hoc have said this will sadly not be the case for either company, due to tumbled production and tiger costs, are you accusing them of deramping too? I was also prompted by Rebess wondering if there may be another goo hiding in store for us tomorrow. Please all do continue to post your honest views as I find them so valuable, and like Tibbs who was driven off for a while, ignore the schoolyard insults. None of us could move a share as large as Centamin posting here. I like all of us here sincerely hope both the managements have overplayed the downside so tomorrow will look good for all, fingers crossed and toes but worrying....
Agree Mr Bond , it's very subtly done . But overall I doubt it will influence many , other than green newbies which is a pity . I think no one knows which direction we are headed in , but I take comfort from the recent director buys , yes maybe not huge but a million quid is still a lot of money if you knew the SP was going to dive on news , which they are obviously more privy to than us mere pi's . So I take it the news must be better than the last news we had . One would hope so anyway . Good luck to you all .
Sotolo, I always enjoy your posts which are fair and balanced. Keep up the good work.