Member Info for spot64

This sentence is getting me excited  "we respect that this year is the right time for Josef to hand over the reigns as we enter the next stage of growth," Fingers crossed it's a new mine.

Looking like the gold slape is failing miserably.

I'm with you on this one, Josef has been instrumental in getting this mine to where it is today given the complex cultural and political problems that exists in Egypt but I think that it's taken it's toll on him and his desire to start another mine had been put out. He's done all the ground work and now it just needs some one with the ambition to put a shovel in the ground and get on with it. So I'm getting very hopefull of some good news soon.

I can only echo all the comments below. You helped me keep my nerv during the dark days of the court case and revolutions to which I will be eternally greatfull. Keep up your good work and please don't be a stranger to this board pop in from time to time to let us know how you're getting on. Good luck Spot64

Wow, excellent news thanks marmot.

We have to remember as Cowichan pointed out, that the resorce update and 20 + year mine life is only referring to the 3km square area currently being mined and that it dosent include the 160km outside of this. Who knows what what the reserves will be when Egypt finally sorts out law32 and Centamin get the green light to develop it.

Thank you marmot, I'm so used to seeing it at the top of this site i assumed it was still valid. You would think that the LSE would have updated it after all this time.

On this board were very fortunate to have members with a considerable amount of knowledge and some with contacts in all the right places, so we often know things before its official. However you could say that it's a bit like finding your Christmas present early as a kid, you know what your getting so there's no surprise and no big reaction on the day. One last thing if Centamin Egypt were to build a second mine in Africa would they have to drop the word Egypt?

Excellent results and finally the long awaited resource update. Hopefully this will now ease any concerns in the market about the management hiding anything regarding reserves.

Wolf of wall streets view of bitcoin https://youtu.be/hsaU4-AUW2Y

Every cloud has a golden lining. I hold this as a dividend play and buy when it's on sale, so for me this is a gift, but I can sympathise with anyone needing to sell at this crazy sp.

Looks like gold is having another crack at 1300.

Spare a thought for this poor bloke who accidently threw out a hard drive with 7400 bitcoins on it in 2013 which would now be worth £52,502,112 million! Anyone up for a spot of digging? Could put a new meaning to the word mining bitcoins. http://www.bbc.co.uk/news/uk-wales-south-east-wales-25134289

Ray Dalio Goes On Gold Buying Spree, Adds 575% To GLD Holdings, Becomes 8th Largest Holder. As a result of the surge in holdings, Bridgewater as of this moment, is the 8th largest holder of paper gold, known as GLD. And now that Ray Dalio is rapidly buying up GLD, IAU and other gold holdings, we wonder how long before the momentum chasers send gold, both paper and physical surging, and whether this shift in momentum could potentially impact the ongoing surge in bitcoin. http://www.zerohedge.com/news/2017-11-13/ray-dalio-goes-gold-buying-spree-adds-575-gld-holdings-becomes-8th-largest-holder Apologies if this has already been posted.

I see you're point, but could it be more to do with not showing how strong a hand they have. For what reason I don't know ? Perhaps for politically sensitive reasons over the last couple of years? or Emma's auctions? predatory company's ? who knows, but as a glass half full person I'm going with the belief that it's going to be a good one when it's finally recoverd from the back of the filling cabinet and dusted off.

As each day goes by in the 4th quarter the odds of the much awaited resorce update being published grows stronger and could be published any day now. The nod nod wink wink that we've been given at the last quarter's conference call from our over modest management has got me anticipating a great update. Could this be the driver for the up lift?

http://www.asian-citrus.com/pdf/EW00073_AGM%20Circular_20161124.pdf

http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Citrus%20Annual_Beijing_China%20-%20Peoples%20Republic%20of_12-21-2015.pdf

One things for sure when they get round to it there going to get it cheap! In theory whatever cash they had earmarked for it is now going to buy twice as many from when they voted. Also I think it was stated that it could take up to 3yr to get back to full production after the typhoon. The key word there is full production! It will be interesting to see just how far down production actually is ? Perceived Perception v reality ?

Correct me if I'm wrong, but didn't the board of directors just recently vote in favour of a share buy back? If so it will go along way to increasing confidence and seriously reverse the sp. Given the amount of cash in the bank doing jack and no divi it's the least they could do for their demoralised share holders. Like most on here siting on large paper losses. I've past the point of no return and I'm going to put them in a draw and get them out occasionally to see if they have fruited.