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Hi Prof - A reasonable summary I think. - The markets are very wary when it comes to Centamin. - Q3 will be the test as it usually is. Q3 results is when it all comes out in the wash. It's truth time, the time when we discover how misleading or otherwis, the forecast has been. - A steady as she goes or better Q3 and it'll help steady the ship I feel . - Not sure whether W Africa is good news or not. - I'll wait for Cowichans appraisal.

Contracts signed due-diligence performed and still nothing released. - Strange one this. - Going by the history and intrigue of past events, you could be forgiven for thinking there's a twist in this tale somewhere. IMO

Hi Sotolo
Yep Tin helmets and padded-jackets might be the order of the day for tomorrow's news. - It's meant to be like that though isn't it? - Announcement days are usually good-hiding days, where shareholders, not directors, have to bear the pain of director shenanigans.

I must have missed the announcement. - The next I am aware of is the interim report on 4th Aug.

Hi Red
As I understand it, one of the main aims of Basel 3 is to eliminate the daisy-chain of counter-party risk attached to the leveraged/unallocated-paper-gold contracts. - The threat to the global-banking system is just too great. - I believe it was an initiative created through a meeting of minds among the G20 nations, recognising the risk and the likelihood of another banking failure. - Btw, B3 new-rules apply to all commodities not just precious-metals. - The paper board-game they have been playing has got to come to an end. - They've had a helluva run though. - Apparently, currently, the derivatives market has an exposure of almost $600trillion. - I agree with you that going forward new thinking will be in play that could well embrace gold & silver as you suggest and almost certainly going forward, we will be entering a new crypto-monetary-age. - I hardly ever offer advice, but I would advise making a start in understanding the nuts and bolts of what this will mean.

Hi Halfpenny
Time will tell, but B3 is an imposition against leveraged/ unallocated/derivative gold contracts being used as liquidity. - The new-game in town is a physical delivery-only game. - This should have an impact on physical-gold demand. - However, it's a fair question and we'll have to wait and see. - My own view is that it's bound to have an impact.

Hi Mr Tibbs - Agree, you just never know. - Interesting that reference is being made to the present era being 'The Golden age of white-collar crime'. - It's without parallel in modern monetary history.

Hi Mr Bond, I thought it would be of interest. - Highlights that the issue is around the rules for 'clearing'. - By enlarge, Basel 3 is in play.

Some interesting news.
https://www.youtube.com/watch?v=wJKw9s89IL0

It's going to be a 'blood out of a stone' situation I think to glean any info. re the new contracts. - It's possible and I've speculated on this possibility before, they might be saving it to release with Q2/market update. - If the news isn't so good, using the good news, hopefully, of the new contracts, as a cushion. - We'll see.

Interesting article - Thanks. - Although Centamin can manage nicely without the FUD-guys. - The history/fact speaks for itself and we know of one attempt internally last year by a director to try to trash the SP.

Hi gjsrg - Yep decent dividend paid, but as Mr Tibbs so eloquently describes, - For a pint of dividend paid, we were charged a gallon of share-price to pay for it. - Until otherwise demonstrated, that is still the modes-operandi I believe.

Paul - You are very perceptive. :-)

My understanding of signing a contract is that in signing, both sides have agreed terms and are contractually obligated to meet said terms and conditions, no ifs or buts. - That's it, the deal is done, you don't sign if it isn't. - There's no doubt that contracts have been signed, it's writ large in the Egyptian news with supporting video evidence. So, let's have the details please.

Now that they have been signed, can we have some details please? - Or must the prolonged torture continue like the CC and every other damned thing.

Wow! - Amazing success reported here. - Leaves the likes of Centamin in the shade. - Bad news only reported here. - Centamin seem to take pride in their short-ladder/long-snake structure and the amazing rewards it produces for the directors.

His words provide a tactful condemnation of previous management-practices. - Practices that were condemned by many of us at the time, but equally, supported by posters/experts with mining experience as I recall.

Hi Cowichan
Just a thought. In the light of the information you have revealed, I'm wondering whether we may be witnessing the beginnings of a tie-up between Centamin and Aton. - If we are, then the dots would start to join-up.-It would actually make sense. - Apologies if this possibility has already been discussed. - I haven't caught up with all of the postings

Monday is Basel day. - Will today be the swan-song of manipulation. - Somehow I doubt it.

More useful detective work by Cowichan throwing up useful/intriguing facts. - Linkedin story tells me that Cowichan's tweets are finding their mark.