Member Info for DusterMan

The fast pullbacks are best...much better than a painful slow one. Now we can move onwards and upwards. Flappers & panic sellers don't last long in this game...you got to be patient and ride it out. Silver & gold will go higher...much higher

Gold and silver just having a pullback. It won't go up in a straight line, I'm personally adding to my position & bought more today. PM will be back at highs again soon

The gold price will have the final say about CEY sp. No matter what the brokers say if gold goes higher so does CEY. I did say the drop was overdone and would most likely recover quickly. Buy the dips folks this is going much higher....gold prices havnt even got warmed up yet

Gold now up $20 since Fridays close....

Exactly gnome. To be honest I like Martin approach. Very professional indeed. He seems a decent bloke who can be trusted.

Like I keep saying the gold price will do the talking, and think it's only just getting going. However with projects like Doropo & potentially new assets in Egypt ( hopefully bang next to Sukari ) things for CEY could certainly get interesting. It's most definitely looking positive...just waiting for that Egyptian licence news next. Fingers crossed its good, can't see why not due to the fact they already have a successful working relationship. Obviously CEY needs better terms & that's why it's taking longer to iron a deal out. Time will tell

For me the Doropo news is fantastic. Another 200,000 ounces to add annually without the huge royalty payments. This project alone could nearly double CEY profits...also if they don't decide to proceed with it then they could sell it for a nice tidy sum. Either way CEY earns $$.

highlights

· The Doropo Project shows strong development potential with the completion of a positive preliminary economic assessment ("PEA"):

· US$234 million post-tax net present value ("NPV5%") with a 21% internal rate of return ("IRR") at US$1,450/oz gold price

· US$487 million NPV5% with a 33% IRR at consensus gold price per ounce of US$1,829/oz ("consensus")

· Total development capital expenditure ("CAPEX") of US$275 million, including a 15% contingency

· 13 year life of mine ("LOM") based on the updated mineral resource estimate of 0.16 million ounces (Measured and Indicated) and 5.21 million ounces (Inferred) of gold, with potential to further increase gold resources across the permits

· Average annual gold production of 207,800 ounces for the first five years, averaging 150,956 ounces over the LOM, for a total of 2.0 million ounces produced at an average AISC of US$904/oz

Like I said on Friday the gold price will do the talking here. Now $1900 is broken we have our sights on all time highs....and that's just the start.

It says in one of the previous RNS that the west wall issues should be fixed during H1 of this year and added into the scheduled mine plan for H2 this year. As H1 is nearly over could we expect an RNS soon stating that? Would do wonders for the sp I would imagine

It's like we have a boogeyman in this share...we need to kick his ass. CEY back to £2 as gold is going above $2000

They halved there short position to 0.45%

Yes iglu Yr right...when gold is above $2000 nobody will listen to these stupid bearish brokers looking to let there mates in on the cheap...let the gold price do all the talking

Buying under the placing price too. Lovely jubley. Just waiting for that funding rns now for Kola :)

I'm in for the 10 bagger too. Kola is priority now, funding is not guaranteed however everyone will be trying there best...if the project happens then Huston we have lift off. Lots and lots of patience will be needed

A lot of pm stocks have got a head start on fres. Gold/silver prices at these levels will be bringing in amazing profits. I noticed in 2019 millennium built up a similar short position only to sell the lot in one go. Its crazy to be short here when pm prices are soaring & the sector is finally waking up again. Its the last day of the MSCI today Its my bet they could be gone very soon. Fres is due a big rise there's no doubt about it

https://twitter.com/JohnHar49505586/status/1397427160114241540?s=19

FRES listed on the Mexico Market Close up over 8%...a short squeeze here today is on the cards and reversal of trend

What idiots shorting this now...how many shares that mean they need to buy back now? I will post on twitter also...short squeeze fres

My bet the big zit millennium will be reducing in size

We going back to the highs...this is a great entry price

Consolidation for 2 months at this level & gold/silver has risen considerably in that time. The pressure sure must be strong now...it can't be held back much longer