Centamin Share Discussion Threads

[fangorn2] 17/5/2018 16:27

Missed this from yesterday...

"All major gold deposits have been discovered, Goldcorp chairman says"


"Gold produced from mines has gone up pretty steadily for 40 years,” Telfer tells the Financial Post. “Well, either this year it starts to go down, or next year it starts to go down, or it’s already going down... We're right at peak gold here."

[juju44] 17/5/2018 08:33

It wants to go up but gold won't let it

[juju44] 16/5/2018 12:15

Still flirting with this potential double top. A move on gold could do the trick

[juju44] 16/5/2018 09:37

1300 was support so more likely to fall further now

[ukgeorge] 16/5/2018 07:15

Hopefully gold gets back above 1300 soon otherwise these will struggle

[ukgeorge] 14/5/2018 11:44

I just sold a few, still got my main holding but could as you mention hit resistance here.

[juju44] 14/5/2018 10:21

Looking double toppish with Jan high . A push through 167 p would give comfort

[ukgeorge] 11/5/2018 09:02

yep I think we called this pretty well, seeing as the gold mining companies usually rally before gold could signify that gold is going to finally breakout above $1360. time will tell

[juju44] 11/5/2018 08:25

Tea leaves telling me there is more to come in this breakout move

[juju44] 09/5/2018 20:54

keep the faith - but we need the crooks to stop smashing gold

[davius] 08/5/2018 14:44

We seem to be fizzling...

[ukgeorge] 08/5/2018 09:47

kfr I think 180 is a sensible short term target

[juju44] 08/5/2018 08:46

No prob there

[kfr20] 04/5/2018 16:25

Any ideas where this bounce will take the share price? I would like to see it breach 1.70. Just hope it doesn't fizzle away too soon.

[juju44] 04/5/2018 09:09

And it was

[ukgeorge] 04/5/2018 08:59

this is rather nice :) 160p boom

[juju44] 03/5/2018 13:45

More than maybe

[phillis] 03/5/2018 09:52

yes hold for the divi

[troc1958] 03/5/2018 09:50

Q1 results as expected. Annual 580k oz f/c maintained. Expect share price to trade sideways until upward movement in gold price, if it ever happens. No new developments on court cases. Happy to continue holding.

[fangorn2] 01/5/2018 10:38

"This Billionaire Has Put Half His Net Worth Into Gold"

Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold.

He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while “overvalued” stock markets crash.



Brave call. Suspect it's the correct one as well myself.

[ukgeorge] 30/4/2018 10:14

Juju Is the maybe being upgraded yet?

[flopticalcube] 30/4/2018 05:54

Packing for a long holiday but will give my tuppence for the next month or so. Gold usually has a flat to slight upward May but usually first falls into the jobs report (May 4th) and rises thereafter. Full moon on Sunday portends a turn but has been hit and miss lately. CoTs are neutral in gold and bullish in silver (although less so than a week or two ago). Support around $1320 and the $1300. Strong support around $1275. Light resistance at $1330 and then super strong resistance at $1365. The more times it hits that, the better chances are it breaks through eventually. Still looking for a slow waffle from high $1200's to mid-$1300's until July.

Miners had a strong April relative to gold and CEY appears to have broken its downtrend. It may retest the downtrend to see if support holds or might just run from here. Very sterling dependent, I think. If miners continue their outperformance and GBP weakens further, we could see CEY run higher. Otherwise it should follow the rest of the miners.

My son has now completed his degree in Geology. I wonder if he fancies working in Egypt? ;-)

[fangorn2] 29/4/2018 16:21

3rd May'18 CEY Q1 Earnings it seems

May already,

Wow