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Thank you all for your responses on this. It just shows a nice polite question gets a nice polite answer!
I asked because most other miners I've owned/ currently own, produce a lot of silver even though they are thought of as gold miners. It's a nice way to get exposure to silver, which, as I wrote earlier, I believe will become quite expensive in the future. American's like silver - it has always been viewed as the disruptive money in the US. Since last August, the silver price has been forming a long basing pattern; there is an adage which says: the longer the base the higher the space (or something like that). Maybe Centamin will get lucky with some silver finds in the future.
I don't think it will be too long now before I add. I've worked out how much dividend I'm due (a very dangerous thing to do) and my previous 'winnings'.
There are gaps high and low,
will they get filled?
I don't know.
(Well, it is poetry Monday after all).
3:1 now BTW :)
Thursday's CPI print is the last one before Basel 3 so who knows what happens next ...
When the buys outstrip the sells 5 — 2
It has to be a fair assumption that the stock price is going to go up.
Good looking in the mood again - topped up here.
Porter Geo
Sukari Summary.
Main commodities AU.
Silver 1 ppm.
Means mostly gold miniscule amount of silver.
Hi,Rgm,
You are indeed right, although in the past they didn't go out of there way looking for silver and other precious metals they were present all over Sukari varying quantities dependant on the area, silver was also a by product from the tailings, or so I was informed.
I will look back, although I seem it remember I got the information verbally, possibly Dasut may have some idea on this as he has considerable on the ground knowledge of the workings.
It may have been in one of my dreams Sparrow, but I have a vague recollection of some silver tonnage figures about 10 years ago when the mine first started production. But you're right, there seems to be no production figures these days.
My wife a former news journalist has always said that it was far easier to get get headlines on bad news!
Hi RedSparrow,
Yes indeed you are right!
Tibbs
When I've looked at the production figures for Centamin in the past, I've noticed that no silver is ever mined. I wondered if that is because there simply isn't any silver at Sukari or the amounts there are negligible and uneconomic to extract?
I think the price of silver will be very high in the next few years and speculated whether the 'uneconomic' deposits - if there are any - would become valuable. I'm assuming the extraction process is similar to gold. Perhaps any future mines in Egypt or elsewhere may be silver rich?
What makes you think I don't know the first thing about mining?
If you believed the press/media/woke brigade u'd think the UK is the most ******, sexist, intolerant country on the planet!
A very deep and meaningful post - a thought for a lifetime not just a day.
Certainly religion and race have always been a focal point for many conflicts since time began. However, those with no beliefs and who live only for self gratification and the day are equally dangerous. Anyone with a military background or has done medical work in the field at particular times will know that.
Yes, the UK, particularly where I live, is a great place. Long may it be so.
Shares on the major European stock markets traded mostly lower in the premarket on Monday as the investors digested the news regarding Group of Seven's (G7) support for the minimum global tax proposal put forth by United States President Joe Biden.
The traders will also keep an eye on the talks between the European Union and the United Kingdom, as the two sides are to continue the negotiations on the Northern Ireland protocol's implementation during the week.
The DAX lost 0.20% at 7:55 am CET, while the FTSE 100 stood flat at the same time. At 7:54 am CET, the CAC 40 decreased by 0.19%. The euro declined 0.06% versus the dollar, selling for 1.21598 at 7:57 am CET, with the pound concurrently down by 0.15% versus the greenback, changing hands at 1.41360.
Breaking the News / BU
Appalling, absolutely appalling, there are supposed to be animal welfare facilities (water.etc) where livestock carriers layover which is supposed to happen on a regular basis .
The suffering of animals in the food (meat)industry is bad enough, but lot's of people remain ignorant of the animal suffering in the dairy industry
Please do write to your MP on this matter and ask them to follow it up with a reply to you on the outcome.
Hi Mr Gnome,
A very interesting account indeed, that lady had so little and yet she welcomed complete strangers to her home and offered them hospitality, it must have been a very humbling experience for you?
Our politicians and world leaders could learn a great deal from that lady!
A lot of people may have seen the latest set of murders of innocents in NE Burkina Faso. Its a long way from Centamins interests in BF, certainly be very difficult for the cowardly murderers to come into this ground for many reasons, not the least being is that the Lobi people who are the residents around the Centamin ground have never been conquered (not even by the French), and are not the most accomodating people when it comes to intruders. I am yet to believe these protangonists are anything more than sub-organised murderers, who have nought to do with any religious beliefs. Perhaps just a case of the poor drugged up, armed people robbing the undrugged, poor unarmed. Either way a pathetic event or set of events continuing in the northern part of the country. The northern part of BF is largely undeveloped, v little infrastructure, v little in the way of security, very few resources, being encroached on the by the mighty Sahara desert annually, underpopulated, out of sight and out of mind for decades (except for the elections when everyone gets a t-shirt). Few jobs, few prospects, education meager at best...
I spent several years in this country, the people are some of the friendliest and compassionate I have ever met.
I remember one day in the Belhourou district which was to the north west of the latest massacre site, when we came across an usual gathering of sticks, making a small pyramid, in the distance. We moved forward to look closer, We noticed some movement around the pyramid. Careful. Out came a lady, with an enormous smile, with a wooden bowl in her hands. The bowl was full of some milk from her goats. The pyramid was her house. She had 2 pieces of cloth which passed for clothes. 3 children. 2 wooden stools, 4 very used mats. Husband was away. She offered us her bowl of "milk". She had no idea who we were, what our intentions were.
The south is a different country.
The UK is not too bad a place?
best
the gnome
A tentative congrats then Razor!
Hope you get it over the line soon.
Dagger
65000 bull calves are slaughted every year for the milk industry. 90 % are slaughtered within 10 days. No mothers milk no water nothing and generally maltreated. One calf spent it's 9 days being transported from Scotland to Spain being delayed at the channel ports due to the festive period before finally being put out of its misery.
"Nails on the head! " Ampthillmob, "Nails on the head!"
Unfortunately some can't understand the way we behave on this forum, it comes as a shock!
But its their choice whether to stay or not!
Keep up the chat everyone and keep well!
Tibbs
Hi Dan in vestmemts,
Cat been on the key board using all upper case ?
Never mind
Dan Dan was a very nice man!
Combed his hair with the leg of a chair!
Washed his face in a frying pan!
Invests in Centamin while he can!
Dan Dan was a very nice man !
Good luck finding a nice hotel room, or hopefully another forum, tee hee!
Hi Mr Gnome, Red Sparrow & Mr Bond!
Quality posts as always!
My solicitor tells me she expects to receive the draft lease (wet signed by the tenant) any day, and on receipt will request my presence to countersign.
It took the main cannon to be fired over their bow oner a week ago but it definitely had the desired effect.
To be honest I have a silhouette of the ball in the back of the net but no goal has been scored until I have a signed contract.
CEY to £1.50 at dawn!
Daninfestation top post very inspiring and insightful ha ha ha
Talk about Centamin. FFS !
A very nice company, run by very nice people, ha ha.
Will that do ?
It is weekend,.
Very well.
What can you tell us all about Centamin?