Member Info for mrtibbles

Trump is a selfish bigoted utter stinker!

https://arktimes.com/arkansas-blog/2019/05/25/trump-to-kill-1100-jobs-in-rural-job-corps-program-including-arkansas-facility

Hi Marmot,

Great to hear from you!

Thank you for that info.

I hope that you are proven right!

Best

Tibbs

Some interesting facts on gold price

https://www.bullionvault.com/gold-news/gold-rates-032820183#

http://onlygold.com/Info/Historical-Gold-Prices.asp
Over 200 years of historical annual Gold Prices Historical Annual Closing Gold Prices Since 1792
Year Close % change
2013 $1,204.50 - 27.6%
2012 $1,664.00 8.68%
2011 $1,531.00 7.80%
2010 $1,420.25 30.60%
https://www.theguardian.com/business/2011/apr/20/gold-price-reaches-new-recordGold shot up to $869.75 per ounce during the 2008 financial crisis. The price of an ounce of gold hit an all-time record of $1,895 on Sept. 5, 2011, in response to worries that the United States would default on its debt. Since then, it has fallen, as the U.S. economy has improved and inflation remains low.11 May 2019
https://www.goldrepublic.com/news/why-gold-prices-fell-in-2008

https://www.telegraph.co.uk/finance/personalfinance/investing/3245669/Financial-crisis-demand-for-gold-soars-as-price-tumbles.html

Quite so Zambianminer,

The market is sticking the boot in because it can, there is no real justification for the ridiculous valuation., today is a prime example of all that is wrong with the way the market makers are allowed to run the market to suit themselves.

Especially when you consider what the situation was a decade ago, stage 4 was a dream, production was less than it is even now ,profit share was many years away and political instability and public unrest was brewing.

https://www.thisismoney.co.uk/money/midasextra/article-1720722/Centamin-Egypt-shares-fall-by-85.html

Fair comments Razors, although there are some of us who are in regular communication with one another outside of this board.

Kinesis launches on July 1st through the Indonesian Post-Office system, (a system more akin to an internal banking system rather than a post-office as we know it,) Kinesis will be a major customer for actual gold bullion and a $2bn worth of investment may well be required.

A $2bn worth of gold/silver will have to be purchased to be minted into the Kinesis system which may well have a significant effect on the price of gold in the near future.

Well said Groover!

It's Trump who is stirring up trouble to suit his political aims and objectives.

Iran has a fairly moderate administration at present, but if Trump carries on with his unjustified actions against Iran there is the risk that extremists will take over completely, of course that would suit Trump because he wants to start a war that he knows the US will easily win.
Trump isn't so sure of himself when dealing with Russia though!

It's Trump who is stirring up trouble to suit his political aims and objectives.

Iran has a fairly moderate administration at present, but if Trump carries on with his unjustified actions against Iran there is the risk that extremists will take over completely, of course that would suit Trump because he wants to start a war thwt he knws the uS will easily win.
Trump isn't so sure of himself when dealing with Russia!

It's Trump who is stiring up trouble to suit his politiacl aims and objctives.

Iran has a failly moderta administartion at present but if Trump carries on with his unjustfied actions against

https://secure.avaaz.org/eurodivision

Trump tribute acts

Thank you Siko for this information.on the Sukari mine.
Centamin IR were keen to point out that the whole issue of building a mine and operating it is all part of the company strategy, also they agree that they have been paid back for the original capex, yet there is also a lot of ongoing capex and opex as well.that needs to be taken into account.

Hi from Cornwall.

I have been in touch with Centamin PR today and can confirm the following.

General Sukari plant will be owned by the government at the expiry of the license.

Although remember under the existing license terms Centamin has the right to extend that license should they find more reserves/resources above and beyond the existing terms of the license!

However both the LHDR's are owned by the underground contractor Barminco. and so remain their property.at the end of the license.

Hope that helps everyone.

Excellent I do hope that Pushme gets off his high stool and takes the trouble to read your post!

Pushme all you do is post spoof and and the same old market rhetoric.
If you think Centamin is so overpriced then why do you claim to have invested 200k recently?

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You think that Centamin is overvalued and yet you claim t have invested £200k recently?
I share the same opinion as Rebess on many issues concerning Centamin.
All you seem to do is spout the same old market rhetoric and try ingratiate yourself with other posters when it suits.
So when are you actually going to post some real information about Centamin instead of the usual cut and paste type market info that any of us can find and post if we want to try to bore others?
Pushme I think you sound like a spoofer.

Original concession agreement http://gate.ahram.org.eg/Media/News/2017/2/26/2017-636237441861789391-178.pdf

Pushme , you are spouting your usual rhetoric which is a complete pile of pants, who are you representing I wonder?

Razors stop defending in g the market , they are a bunch of manipulating stinkers who are making the most out of this
The contract terms state t the end of the contract all the equipment/plant reverts to the Egyptian government .

Kees Dekker may not get it right all the time but he certainly hit the nail on the head here quite a few times!

I agree entirely Mizolgit!

But remember there are those posting on here that can't see the wood for the trees or others who are having their strings pulled and working to an agenda!