Member Info for Pushmepullyou

Robbie I for one quite agree which is why I invest in Centamin. Great management who deftly navigate Egyptian politics, and best in sector. Now depends on price of gold which is mainly sentiment driven (apart from jewellery use) so hoping more people will finally think it will go up and buy, thus making it go up and helping us. And if more sell and price falls our management has benn great in keeping lid on costs and not spending too much on new exploration so we should weather this better than most rivals. Thanks Cey management for a lovely share and divis, and hoping you can outfit the politics.

Tibbs, I trust this is a repeat of your last post, last year, citing the same reasons. I hope you will pop back up again, just as last year, as this board really is such fun. It is the divergent views and courtesy of all that makes it so. I am not a believer in conspiracies but love reading posts by those who are, I am not sure if gold will rise or fall but love reading posts by those who feel strongly one way or another. Many years ago a concrete poet friend wrote me a poem 'we neither of us have our feet on the ground yet we both agree the grass is wet'. So it is in a successful marriage and so with this board, we have many different views but we all I think share the fundamental belief that Centamin is a good share, as we mostly hold it; we believe in its future with lowish costs, great mine, good team, fabulous dividend, and a court case that should one day go away. so looking forward to seeing you on here in a couple of weeks, as last year, Tibs, as we all throw in our pennorth, it is too hard to stay away and I think we all love and value you, whatever our own views may be.

answers are alway so obvious ... in hindsight

answers are alway so obvious ... in hindsight

My big question for POG and hence CEY is what happens when stocks fall, but in particular when the Bitcoin bubble bursts. Just reading Jeffrey Robinson�s book on bitcoin �Economist Nouriel Roubini expressed it best when he likened bitcoin bugs to gold bugs, describing them as, �Fanatics who speak of bitcoin in cult-like religious ways. Like gold bugs they have paranoid conspiracy views on the dollar.�. So when Bitcoin bubble burst does the hot money move to gold, or is gold tarnished too?

AM seems to have similar predictive powers to my goldfish. In fact many of the pundits have a vested interest in getting us to buy and you may note how much more often they predict rising gold than falling. In fact my goldfish seems better as more even. It didn�t predict soaring gold on the back of dramatic gold back bitcoin in the summer but I have just asked and it�s swimming direction says we should make it back through 1300 by Xmas and 1400 next year. It has a better than some of the competition 50/50 chance of getting it right. So I am sticking with it. All best and we all of course follow different guides, but best I feel is us collectively. Only my opinion...

Thanks. As the writer says �Centamin is a geared play on the gold price and where that will be in one, three or ten years is anyone�s guess�. The writer also says of third quarter: �production is up but amount of gold sold is virtually unchanged, cost of getting gold out of ground has also gone up. With the selling price also barely changed, revenue is down and free cash flow significantly down...3.74% decline in revenue has led to 19.5% decline in profit A large increase in profit share to EMRA has led to 39.1% reduction in profit available to shareholders. The profit share does worry me as gears centamin shareholders� profit considerably� Interesting article that really says, as we all know, we are dependent on mor users and speculators wanting gold.