RE: Re October 19th9 Sep 2021 15:18
Thank you very much rebess for taking the time to explain your comments and set out your thoughts on Centamin.
I'm a newbie to this board and stock too in terms of looking at it a bit more closely now but have observed from afar for many moons and always intrigued by the roller coaster ride and market reaction to the various situations they live through.
For me the trust issue pretty much sums up why I've not got closer to it or indeed become an investor but I'm in a position to do so now attracted by the volatility in some ways, certainly at the accumulation stage, and the dividend which is quite important to me where I'm at, as well as a future macro outlook of a terminally(?) declining dollar, with increasing questions about it's right to being the default world currency/US debt and the resulting effect that would have on the gold price which many view is due a bit of an amazing run considering its multi year consolidation.
This is balanced against some doubts about the security of the geographical location and 'wonder' at their balance sheet position and how with all that has occured over the years they have managed to achieve and sustain that.
I appreciate I may need education on my views but I am currently wondering if it might be considered a good time to purchase/start building a position not least regarding the pull back in share price from over a £2.00 peak to relatively low historical levels.