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People here over-analyze. As I've said 50 times, there is ZERO (0) chance of CEY rising substantially until gold rises. Currently, there is no convincing evidence that gold is rising. It's that simple.
Like it and to be fair you probably have a point - easy to say the below and I do think you need to live by what you preach. Luckily enough I am selfish enough not to take up your kind suggestion
Perhaps you'd like to set an example and start the cull?
Over population like charity begins at home
totally agree - knew even as an overly deep thinking child many, many years ago that the world would get into serious trouble unless we stopped breeding - we have decimated everything else but continue to over populate all areas of the world tearing up habitats and green spaces - not a pleasant species (with some wonderful exceptions)
djryan
Yes they do sell for many reasons but it did coincide with q3 results
Progress is always filled with benefits and regrets and one persons benefit is another persons regret.
Humans have always been competitive , have the desire to impose their views as believe them to be right.
All organisms, have the primary desire to populate, the planet has one too, and humans are by and away the biggest threat.
CaneToad
Everytime a Rns comes out the share price drops,last week gold was 1800 and Cey was 103 now 95,it dropped 5p on thd day alone
Obviously Stendard life are not impressed thats why they have dumped over 10m shares,perhaps this has caused it to drop who knows
Major European stock markets traded slightly lower during Wednesday's premarket session as investors continued to digest numerous reports involving economic data and corporate earnings results.
While Deutsche Bank and Santander have already announced their third-quarter results earlier today, German institutions are set to publish the consumer confidence forecast for the upcoming month as well as the state of import prices during September.
The DAX declined 0.15% at 7:20 am CET, while the FTSE 100 slipped 0.08%.
Both the euro and the pound stood flat against the dollar to sell for 1.16026 and 1.37700, respectively.
Breaking the News / ND
Happy hump y’al
hi Mr Bond,
All valid points!
Tech regret: Five inventors who questioned their creations
https://www.bbc.co.uk/news/newsbeat-39002417
These days the Web can seem like a dark place, filled with internet trolls and divisive discourse. But the man who invented the World Wide Web 28 years ago is still optimistic (sort of).
https://www.npr.org/sections/alltechconsidered/2017/04/04/522593360/the-father-of-the-web-is-worried-about-how-ugly-its-become?t=1635301958711
https://www.bbc.co.uk/news/newsbeat-39002417
"I don't regret creating the web," Berners-Lee told POLITICO at Web Summit, a technology conference in the Portuguese capital.
But, he added: "A couple of years ago, I realized there was a change of attitudes. We can't assume that connectivity will inevitably lead to more understanding."
https://www.lse.co.uk/ShareChat.asp?ShareTicker=CEY&share=Centamin-PLC&thread=F881A8CC-2F79-4EEA-81D8-34EEDE956811
Hi Mr Gnome,
Thank you for posting such very informative and important information on the damaging environmental impact on Bitcoin and some other crypto currencies.
Research increasingly seems to confirm that Crypto / Bitcoin users are either blissfully unaware or choose to ignore the damaging environmental impact being caused by their choice and use of certain crypto currencies.
More peoples and indeed governments need to be made aware of the the environmental damage being caused by some forms of "Crypto" currencies and encouraged to, or if that fails forced by international legislation to change to alternative environmentally friendly forms of Bitcoin/Crypto currencies.
Indeed such policies by governments would be very popular amongst the majority of the electorate and appear to be an easily achievable and painless opportunity for governments to make no cost but substantial contribution the the reduction of the worlds carbon footprint.
"The rise of crypto mining in the country has prompted government members to consider steps to tax the industry."
“Under normal circumstances, companies that are creating value in Iceland pay a certain amount of tax to the government,” Smari McCarthy, a member of Iceland’s Pirate Party, told the Associated Press. “These companies are not doing that, and we might want to ask ourselves whether they should.”
https://www.weforum.org/agenda/2018/02/iceland-may-use-more-electricity-to-mine-bitcoins-than-it-does-to-power-all-of-its-houses-this-year
https://www.finextra.com/blogposting/20762/can-bitcoin-solve-its-green-problem
My apologies, correcting grammar
Cowichan
I think the interesting thought is ..does Centamin have enough clout to try and join the Batie and Doropo projects together. These 2 project are probably part of one crustal scale geological event, just separated by an inconveniently and ignorantly drawn colonial boundary (!).
The interpretation that there is one gold mineralising event over such a large area, does bring up the question of how much more gold is there to be found in this area? Answer?: I suspect a lot more gold will be found int his area.
I have not worked through this, but if say there could be a joint processing plant at Doropo.
For Batie, I am aware now of very efficient ultrafine crushers and grinders, some of which require very little water, and are much more energy efficient. Another interesting angle on Batie is that the Met testing which has guided economic decisions has been made on about 0.002% of the volume of the ore, which would hardly be called exhaustive. Basically, they have been guided by geological logging of one sort or another, or one geologist or another, to subdivided into geomet domains, and then SUB-sampled each domain. I tend to think there has been more emotion than well executed science at Batie.
best
the gnome
Cowichan
I think the interesting thought is if Centamin has enough clout to try and join the Batie and Doropo projects together. These 2 project are probably part on the geological event, just seperated by a inconveniently and ignorantly drawn colonial bounary (!).
The interpretation that there is one gold mineralising event over such a large area, does bring up the question of how much more gold is there to be found in this area?
I have not worked through this, but if say there could be a joint processing plant at Doropo.
For Batie, I am aware not of very efficient ultrafine crushers and grinders, some of which require veyr little water, and are much more energy efficient. Another interesting angle on Batie is tht the Met testing which has guided economic decisons has been made on about 0.002% of the volume of the ore, which would hardly be called exhaustive. Basically they have been guided by geological logging of one sort or another, or one geologist or another, to subdivided into geomet domains, and then SUB-sampled each domain. I tend to think there has been more emotion than well executed science at Batie.
best
the gnome
Given the exponential rise in ESG as a metric for investors, I doubt whether BitCoin is going to remain attractive.
https://digiconomist.net/bitcoin-energy-consumption/
There are lower cost algorthims that give the same secure outcome, with lower energy consumption and lower environmental impact.
https://www.leafscore.com/blog/the-9-most-sustainable-cryptocurrencies-for-2021/
Bitcoin might have been first, but it is not the last, and one could argue is an inferior product by ESG standards.
So in the history books for sure, but not on my investment list
best
the gnome.
Imagine if internet went offline permanently, if you can.In case of war or big catástrofe .
Who do call to check on your crypto.
With things in play at the moment it is possible .
No more crypto asset, or have they got that covered?
A simple question from someone ignorant.
Is this a valid point or am I missing something.?
Crypto is an asset paid for by consumed electricity, and time in computacion much of which is illegal electricity.
Yes extreme ,but where has your paper gone you buying digital?
Where?
People said "I would be hesitant at buying BTC when over $1,000" and this hesitancy stays, and will always stay, and the number just goes up and up and up- sure, big drops along the way but facts are facts. Joe public take up is there(was massive in the early days- remember all the facebook/social media ads?), but now more and more institutional investment coming in now on crypto, and this will only increase with more regulation.
PMs are bad performing stocks once established- just look at CEY and others (admittedly there will always be some good ones, POLY) but overall outperformed hugely by other industry equities, esp tech. CEY poor for 5 years, even when you add in divis. Plus a divi is always at risk, PMs are trading stocks, but not quite as risky at crypto- but I would add I spread my cryptos on the one I believe in, same as gold stocks- and don't go single source.
Just because gold has been around for 1,000s of years and people will always like bling, doesn't mean it's a great investment or hedge, the evidence is plain to see. The next big tech thing that shows signs of MASSIVE expansion capability globally will always attract, most established global things just don't have this.
Why do I continue to hold CEY? I trade it less now as am waiting for "jump news" be it Sukari recovery acceleration / takeover as I believe the price is low and worth the gamble. I trade it around US data points where gold price most likely to move to sell to avoid a drop and and buy back at reverse. Sometimes to skim profit when I think a drop is coming after a rise. Sometimes I get it wrong, but am not afraid to buy in again at higher than my sell price if my indicators warrant it.
At the moment I don't like to be out for long, as at this SP, takeover can happen from those in the know if Sukari is once again accelerating, and will push up the volume to over 500k again.
I will continue to hold cryptos, and if I lose the lot, I've already covered my original investment 3fold(some would say lucky, but I went with what was not established and had the potential of massive global expansion).
I hold other equity investments and property - diversification is key.
Obviously, the biggest gains are always in the most risky, which is why I only have a very small % of my portfolio in crypto, but for me, has proved worth the risk, and continues to be so. I've not increased my investment in crypto as it is the highest risk- but it's value has most certainly increased massively.
I'm not a chartist, but I've gradually, begrudgingly started looking at chart patterns over the past year and for the record, there's a massive Cup & Handle on the 10y gold chart now showing. It might take a few months to play out. I'm hoping (praying) that gold starts rising *significantly* into the year-end.
@Rebess: "A product of betrayed trust I think"
I don't think so. Have a look at the rest of the gold miners. They're not that different.
@Autonomy: "The share price is so pathetic its unbeliveable we dont rise when gold goes over 1800 but as soon as it retreats a little bang down we go again"
With very few exceptions, none of the gold miners will move until gold itself moves - significantly. It's that simple. Not everbody realises that and they analyse the company and mining operations forever trying to figure out what's going on. The exceptions are companies like Fiore Gold that were taken over yesterday - that is the only gold miner that has made me any decent money in the past 6m. I'd need a diving bell to check the value of my CEY shares...
Yes Autonomy, it's a game of Snakes and Ladders without Ladders. - It snake-slides on the flimsiest pretext. - A product of betrayed trust I think. - Restoration not easy here.- MH has his work cut-out.
Wow Cowichan - Fame at last. - It was noticeable some time ago that others were taking note of your postings. - When Centamin had a go at you it was a sure-sign that you were making some important points. - Well done. - As I say, fame at last, and to think I knew you when you had nowt. :-)
Somebody please put us out of our misery and take this company over.The share price is so pathetic its unbeliveable we dont rise when gold goes over 1800 but as soon as it retreats a little bang down we go again
Who cares where it's coming from... if BTC has a $ for every moaner on crypto, it would $1m now lol.
more and more people are going in, institutions going, get with the game and take some risk instead of whinging... or just ignore.
My B2Gold / Centamin Tie-Up LinkedIn post were employees from SRK Consulting
15 people from SRK Consulting viewed your post
vs
13 Centamin PLC
3 Gold Pyramid Group
5 The Egyptian Mineral Resources Authority
and so on down the line
SRK might be suspected as the weakest link in keeping any merger/collaboration deals strictly private (rightly or wrongly...)
Mining Project Evaluation
Mitigate risks and maximize value through comprehensive, independent studies and reviews by multidisciplinary global experts
https://www.srk.com/en/services/mining-project-evaluation
https://www.linkedin.com/feed/update/urn:li:activity:6855191601048772608/
Quite so Volvic,
There is also the political agenda it does'nt suit politicians to have their countries central banks Fiat paper abandoned in favour of real gold, especially when central banks vaults don't hold the gold they claim to , it highlights the ineptness of our governments elected leaders and the serious flaws in their fiscal policies!
The 3000 good target seems a long way off