Centamin Share Discussion Threads

[ken tennis] 04/1/2019 08:36

Brocase I like what you say and yes makes perfect sense in current economic climate

[bocase] 04/1/2019 08:05

I think one reason for CEY's rapid progress this week has been the de-listing of Randgold which merged with Barrick. Many investors may not hold the new 'overseas listed' shares, eg if your broker is Barclays and they were forcibly sold but many of those investors, like myself still want exposure to gold miners and have bought and will continue to buy CEY. I see further strong buying ahead for that reason.

[qs99] 04/1/2019 07:36

Indeed Ken, looks good again this morning. Trading for NY IMO starts in earnest next Monday so again, hopefully more to come next week... DYOR

[ken tennis] 04/1/2019 07:05

Gold nearly piped the $1300 at 2.00 am this morning so all bodes well for CEY profits.
I’m keeping the faith lads upwards and onwards to 150

[qs99] 03/1/2019 19:33

Nearing $1,300 again today, may not get there this week, but looking good for "within the week" given continued momentum. IMO should add more weight behind CEY's upward tick....DYOR

[creditcrunchies] 03/1/2019 17:12

Seems like a panic buy gold rush now

[ukgeorge] 03/1/2019 16:54

Next stop is (fingers crossed) 150p, through the 200MDA today, looks like little resistance on the chart. Quality mine.

[thatsmart1] 03/1/2019 16:50

I think it's still a good price to get in, especially as many are predicting a bit of a rush on gold this month.

[martinfrench] 03/1/2019 16:45

damn centamin, tried to be clever and got out sub 120, broke golden rule of selling into an uptrend.

luckily you can enter back in pretty cheapy, looking for next entry point if i arrives.

didnt quite expect this rise today at all, thought maybe 2-3p after closed at a high last night.

[thatsmart1] 03/1/2019 16:20

I only bought last week and I am about 10% up already, I bought for income but it seems I got growth thrown in for good measure!!! So I topped up first thing today - in profit already!

[unnavailable] 03/1/2019 16:05

Expected resistance here at 120p. Happy to see it shoot through. Tempted to top up.

[qs99] 03/1/2019 16:00

Yup, think DOW has further to fall, defo think $ weakness 2019 as interest rate rises are held up is on the cards...DYOR but that should allow Gold to flourish IMO, so hold on to your hats with CEY!! DYOR

[kennyp52] 03/1/2019 15:30

BP up Creditcrunchies ? Banks up a nat's knacker until Saint Theresa says something . Rio Tinto disappointing . Tempted by HGM ...

[creditcrunchies] 03/1/2019 13:52

Gold and silver is the only asset class going up everything else is getting caned

[terry barnett] 03/1/2019 12:41

CENTAMIN PLC (CEY) closed up 5.47 percent to 115 pence. We must go back to Aug 2018 to find a higher close for the stock. The stock has thereby closed up ten out of the past 12 days. The stock triggered a buy signal by the break up through the resistance at 113 pence in a rectangle formation. A further increase to 132 pence within three months is indicated.

[trentendboy] 03/1/2019 12:31

Leverage means increase in gold price has a big impact on profitsCEY massively undervalued imo relative to gold price now and predictedCould be 150 without anyone blinking an eyelidFully loaded

[trulyscrumptious] 03/1/2019 12:19

It seems everywhere you turn you hear that gold is coming back into favour.

[stevedaytrader] 03/1/2019 12:09

wow- said when i bought in at 101 this was a bargain didn’t expect the increase to be as fast as this as was waiting for news later this month- long may it continue ! and good news on hgm too- happy days fingers crossed

[trulyscrumptious] 03/1/2019 12:03

I see Roman Abramovich has increased his holding in HGM.

[kennyp52] 03/1/2019 11:59

Further operational detail will be included in the preliminary production results for the final quarter, ending 31 December 2018, scheduled for publication on 9 January 2019. The Company will provide 2019 Outlook, including production guidance, and updated Mineral Reserve and Resource estimates for 2018 with the Annual Results in February.

I sincerely hope they meet their December production target !!!

[momentum1] 03/1/2019 11:57

120 was clearly the resistance level and with that now broken this should move swiftly into the 140s.Update next week which should push us on further. Good time to be invested here

[ukgeorge] 03/1/2019 11:51

Boooooooom get in there, roll on 160p

[qs99] 03/1/2019 11:49

Not sure what would push this down even with profit taking iMO? looks like bigger insti buying ahead of update IMO and bullish outlook for gold driving this. DYOR etc, but why should it not get back to £1.60 as previous recent high?

[cinquepercento] 03/1/2019 11:32

Yes,well done to all those who held on to their Centamin shares here.


Ken Tennis, I was also wondering about 120 pence being followed by a fall back as per the charts so it will be interesting to see what happens.

It looks as if we will soon see 1300 dollars for gold so hopefully this will eventually push my Rio Shares up.