The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Tony, yes agreed and CEY have certainly had a few problems since early October 2020 wall movement first then later in October huge production cut as a result of having to set up mining in different area with lower grades however over the 2 years to October 2022 brick was down 58% and cey only a touch more at 63% so held up well for having massive share price fall from wall movement and not colapse as some have said.
Atb
Ken
I don't post a lot but want to bring a bit of positivity to this board.
I have no agenda to pump and dump as I've been in and out of centamin over the years but this time round I'm much heavier than I've ever been in thus share.
Mizoldgit.
The problem is some people want to buy a share and think that they're going to make a fortune in a few weeks they make me laugh then come on the boards spouting all their crap that this companies done way better but you have to look at the big picture in thus game 6 months to a year is a very short period that's why I study price trends over 2 3 and 4 years nit 3 weeks..
Atb
Ken
Mr T
Yes agree 100% cey has had a terrible time since the October 2020 debacle and having to spend 224mil in the waste clearance and stripping which should have been carried out as work was progressing in previous years.
These things always catch up in the end it's just that us poor sods aren't there on the ground to see it in person.
Well at least with gold at this level they're making some good profits at an AISC at around $1300 oz
Let's just keep fingers crossed for a q4 130k oz production
Atb
Ken
Mr T
I have a stock list of all the gold mining shares that are available to trade on the UK market I made this list on my hl account so as to keep track of companies that produce gold.
The list was compiled on 5th march2021 which as you know was after the wall movement and centamin is the best performer over the period to today and is only down 14.3% and the only one that beats it is PAF.
FRES down 40.1% HOC 47.1% GGP 55.8% All the others are the dogs and are 50 to 80% down
So I'm a definite holder of CEY for the long term as the next 2 years I'm convinced will come good.
Mr T I just wonder if this question will be fired into the procrastination box.
There are so many questions that could be put to Centamin especially from you guys that have been in the mining industry.
I work in construction but don't have the first hand knowledge like Dasut and goldknome.
So I just pick up on things that I feel should be explained by the company.
Steve, thanks for a strait answer I respect that but seems by your answer your a day trader when you say you don't hold overnight positions on PMs for fear of bad RNS
So I find it hard to see how you can work on data over such a short period if time.
Atb
Ken
Locking good man I recon that was a great trade be happy with your 15% then get back in again in few days time when it's cooled off market makers rely on holders over the short term to make their money especially on leveraged trades 😀 👍