Member Info for bobliz35

Hi Sotolo

You seem to have hit the nail on the head in your post. Look at the history of buy on the rumour , sell on the fact and as I have posted here before that is exactly the way major Institutional players scoop up lower price shares scared out of or scalping minor gains. The factual reality of a Company is paramount.
1) The gold is in the ground. No contest
2) Balance sheet strong No contest
3) AISC Reducing and substantially so after overcoming major expenditure No contest
4) Future prospects amazing (Both Sukari and Africa) No contest
5) No geopolitical adversity (Law 32) Thankyou Siko !!!!
6) Management focussed on long term sucess and not short term gain. No contest.

Yes short term dips and raises but the basics in my opinion are sound Happy to hold . Dividend so far far outweigh the percentage of cash held on an interest account.

Having been very very wrong in the past please do your own research and make your decisions on what you feel is correct

Regards

Bob

I am personally sorry to see you leave this board as I have always had the utmost respect for your factual expertise in the gold mining sector and your
"thorn in the side " approach to CEY management. However I shall still hold CEY as the gold reserves are still in the ground, a declining resource. confidence in Hogan (viz his C.V and resume and his personal wealth profile and believing his management of CEY is an ego trip to succeed not a short term skim of profitable opportunity unlike his predecessors) Yes there may be more profitable short term opportunities but entry and exit points are staggeringly difficult to predict. I know as traded in that way for many years and came out with some skin still intact. Balance sheet is all as at some time the gnomes will come knocking. Please keep in contact with this board as your knowledge of the industry is invaluable.

Kindest regards '
Bob

Hi Steve,
The technical expertise of this board always humbles me as to my lack of mining knowledge . In the long term there technical education / hands on of hard rock mining is of the prime long term motivator of S.P However there is a naivety as to how the market works (no matter the sector0 and especially in the short terminism which drives most players in major Institutions. I have tried to explain on this board that momentum previous to what is anticipated
news release which is paged as being at the least expected to be on the plus side and especially as major and even important minor players would have fore knowledge of will go long to place sell orders on release date. This allows a shake out which if the news is reasonable to good allows those wishing to add at lower price. As a long term holder I expected this retrenchments no matter how good the RNS was. However the value then of our technically capable on this board is of immense value. Unashamedly I did trade 30 percent at 125 previous to the RNS and bought back in at 116 adding to my holding.
As a test look back over 10 years to test my observations.
All in my view of course and I am sure many here will contest and have different views.

Regards

Bob.

Hi Rebess.
Unless the world of commerce and business has changed since my prehistoric days , statements, results , etc etc would go out to many places perhaps many days before with a caveat of STRICTLT NOT TO BE PUBLISHED BEFORE WHATEVER OCLOCK ON THE WHATEVER DATE. Th City. Institutions. wholesale Investors et al have the reputation of being like Ma' colander. However equally the major players in the market are well awre of the saying and I expect some astute mopping up of short term depressed shares. Have you had a look at the short position on CEY at this time. I have my interpretation (available on this board at the top) . Others more knowledgeable than I such as Tibbs . TornadoTony et al might care to comment on their more astute views.

Bob

Hi Rebess and all.
There is an old trading saying "buy on the rumour and sell on the fact" I expected the drop this morning as the short term traders were well flagged as to the Court decision and have scalped their short term gains with sell orders placed at market this am on the bell. Happy to see this shake out although the Trading Statement due soon might enourage similar. Normal retrenchment. It would be naïve to believe that an RNS release is highly secret until the day published . It goes through too many who have access to such reports which circulates well before the retail and private investors have RNS notice.
I take the drop as a healthy sign which is temporary in nature .
All my personal opinion obviously and not intended to be advice of any sort as I am wrong in many things .

I add my thanks and best wishes to Siko for his in depth knowledge of Egyptian Law posted to this board.

Bob

Hi Dasut ,Coldspy . Cowichan Tibbs Siko et al

Many thanks for sharing your tremendous expertise along with others of similar capabilities on this board. It is of immense value (sadly)to duffers in mining knowledge such as myself.
Bob

Hi Cowichan

As always with your posts nail on the head observation/.The Chicago Mercantile Exchange (a la Comex and the Fed) can only manipulate and obscure for so long before real world pressures burst the dam
Or does the saying dont fight the Fed still reign.
Kindest regards and thanks for the work and insight you bring to this board
Bob

Hi Cowichan

As always with your posts nail on the head observation/.The Chicago Mercantile Exchange (a la Comex and the Fed) can only manipulate and obscure for so long before real world pressures burst the dam
Or does the saying dont fight the Fed still reign.
Kindest regards and thanks for the work and insight you bring to this board
Bob

Hi Mr Bond

I think you hit the nail on the head re US intentions. Question is who can say nay. Nobody and survive. Use the knowledge to your own advantage. The US dollar is sacrosanct and therefore should be central to investor thinking.
Raytheon in October was a good bet.

Regrds

Bob

Hi Tibbs

Missed you and our civilised difference of opinion debates.
Wish the rest of the world could follow our example
Kindest regards
Bob

Hi Mr Bond and Spoonington. I have outlying thoughts regarding the US and their world endeavours. These are probably quite different to your own but how they are used on a global scale is something else.

1st Quantum computing. Leaders in the field and already in use by the military .
2nd The link of quantum computing with the Star Wars program . Does anybody believe the US did not continue its programme. The shuttle programme has numerous missions classified and I would be loathe to bet that wasn't an extension of its star wars programme. It will probably end the nuclear threat as any missile launch would only get a few yards out of the silo or sub before being neutralised. For good or bad I personally dont care as far too old although have a care for my children and grand children No doubt many here use a VPN to disguise their location ( I for one )but as I am led to believe with quantum tracing that is totally visible due to the speed it can travel down the connection to the source.

Hope you had a good Xmas and a happy New Year as you provide alternative views to this board which has always been a broad church.

Kindest regrds

Bob

Hi Gnome

The basic facts are quite simple to me .On the 24th February Putin sent 100.000 troops and a 40 mile military convoy into a neighbouring sovereign Country. That fact can not be excused away and the whole world (apart from a very very few) has the same view.
Agree lets all have our own views and stick to events around Centamin

Regrds

Bob
0

Hi Spoonington

One very very big difference. if the Yanks dont like him or others in the field they can vote anyone in they think will be best for them. If the ordinary Russian people tried the same . prison or worse faces them from the Putin FSB Gestapo. Biden for better or worse hasn't invaded Canada. Mexico. Democracy is not the be all and end all I admit but is of supreme comfort to me that I can vote against whoever I do not feel is or will do a good job for my Country However I wish you well in whatever Country or jurisdiction you live in and support I hope at some stage a peace can be enjoyed by all.

Regards

Bob

Hi mizolgit

Fascism definition from Oxford dictionary

:Fascism) an extreme right-wing political system or attitude that is in favour of strong central government, aggressively promoting your own country or race above others, and that does not allow any opposition

Sanctions came AFTER a 40 mile Russian military column invaded Ukraine in February with the intent to wipe out both Ukraine as a Country and subjugate its citizens into the Russian Race.
Get real

Bob

HI Mr Bond
Do you feel the cracks are beginning to show. As I have posted here before Comex is run by the Chicago Mercantile exchange which in my opinion
(supported by more knowledgeable others than I) is a puppet of the Fed hence vagaries in price between physical gold and Comex paper.
I for one would like to know the level of physical held by Banks since I believe it was allowed to be classified as a Tier 1 asset class. Perhaps the more able members here could help my understanding of this. Is it a double edged sword as it would seem Central Banks have a vested interest in keeping gold price at moderate levels. Am I completely up a gum tree on this. Probably but happy to be educated by others .

Good to see Tibbles back although I think Corvid and that fascist megalomaniac Putin has a lot to do ,(if not most) for the current woes in the world economies which no form of Government can escape from.
Seasons greetings

Bob

I see a close at 112 30 very encouraging as expected a drop to just above 110 Equally gold holding well although a few hours to go on that one.
A healthy and prosperous wishes for 2023 to you all

Regards

Bob

I will be looking at the percentage drop in price at close today as will give an indicator as to confidence index in CEY . There will inevitably be a drop as investors may wish to be in cash over the closed market over the festive season. If drop small then that will indicate confidence to stay long .
Of interest only to me as in for the long haul here unlike in other holdings as this could spike exponentially with solid news in the offing.
Bob

Hi Razor
Possibly the best advice I could give here to investors wishing to expand or add to their knowledge in the stock market would be to apply for level 2 access to the Market Book for a short time as it is in real time and you will have to pay for it This reveals that the buy and sell side of the book price for a share can widely range fr0m the headline price as shown on this board. Looking at the shares in CEY already traded as available on this board at the RH side there is an annotation as to what type of trade it is. You will be suprised as to the number of forms a share trade can be if you google info on that,
Sorry to be boring everybody but I cannot hope to be as well informed on CEY and gold mining et al as the professional contribution of many other here

Seasons Greetings

Bob

Hi Razor
Possibly the best advice I could give here to investors wishing to expand or add to their knowledge in the stock market would be to apply for level 2 access to the Market Book for a short time as it is in real time and you will have to pay for it This reveals that the buy and sell side of the book price for a share can widely range fr0m the headline price as shown on this board. Looking at the shares in CEY already traded as available on this board at the RH side there is an annotation as to what type of trade it is. You will be suprised as to the number of forms a share trade can be if you google info on that,
Sorry to be boring everybody but I cannot hope to be as well informed on CEY and gold mining et al as the professional contribution of many other here

Seasons Greetings

Bob

Hi Razor. you have to be careful on buy and sell volumes. If a trade is struck to sell at or below NMV . normal market volume at say 112 and the buy offer at the time is 112.5 then the trade has to be entered within a 5 minute window. If however the book price in that time drops below the 112 level then it will show as an entry in the buy column. It gets even more complicated with large commercial trades as they do not have to be declared until after the close and even at some later date to ensure stability in the market. Again if the share price drops or rises then the entry can show as a sell when a buy and vice versa. This can distort the volume of buy and sell s and as has been noted on here a few times buy volume declared exceed the sells but the share price has dropped.
I do follow total buy and sell volumes as a market indicator but as I no longer day trade of purely interest only as LTH in Centamin and a few other pet shares.
I am sure experienced others on this board will correct or add to my hazy memory of many years ago
Seasons greetings to you and all here

Bob