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Yes Robina ,seems you could be right.
Though there are many buys of just a few shares , maybe hoping to keep the price steady or hoping to raise it.
Dont worry ,at the current SP ,which is 20 pence less than the figures in the fundamentals which the basic value ,are just the crazy market makers .
Take a look at 5 year gold SP.
Then look a Centamin SP price.In 5 years
Compare !
In dollars of course.
Now exporting US goods ,because they artifically manage to keep the Dollar unrealsticaly high ,leaves its goods uncompetive- hence less export trade.
Time they let foreign markets ,decide.
Otherwise far less exports.
Whatever they have left the world wants , that means not a lot.
But it run up to their election year. ;-)
Sounds like the Hedge funds dont realise ,that they are helping kill US4$ in the future as more countries get away from dollars and US Gov bonds.
In just the last few years the world has changed , and got away from the dollar and its Hedgmemon,.
More will try
Is a senior Accountant, no more.
Has he ever been to Sukari,, possibly never.
He does not need to . His team receive figures and process , boring you may think .
Yes indeed as I found out many ,many years ago.
But then I was from a family of miners, which I went back to .
But that accountancy served very well, but in control of more than figures.
Enjoy your weekend , Hi de Hi.
I speak the facts as they were at that time, every mine goes through crisis from time to time with the same result.
Other miners along with CEY are in the same boat .
SP is no real indicator of anything other than the buyers and sellers,apart from the institutional holders and they have stayed put.