Centamin Share Discussion Threads

[dt1010] 11/4/2019 12:29

See you all at $100,000+ Bitcoin. Let’s see who’s laughing then shall we.

Meanwhile I will keep on holding here.

[borisjohnsonshair] 11/4/2019 11:49

If you are desperate you can eat my magic beans. Will help reduce cholesterol.

[wallywoo] 11/4/2019 11:39

Crypto is just another type of fool's gold imo. 12 months on from all the skyrocket hype on bitcoin and it's worth around 25% of it's value then!

[ukgeorge] 11/4/2019 11:20

Gold mining companies and sharholders like ourselves subsidise gold production. Sukari is an anomaly in that it makes a profit most mines ultimately lose money

[ukgeorge] 11/4/2019 11:17

hear is the excuse for Q1 being terrible.....

"Several key personnel changes have been made at an operational level in Q4 2018 and continuing in Q1 2019, this presents increased short-term risks for significant medium and long-term benefits"


hxxps://www.centamin.com/~/media/Files/C/Centamin/documents/pressreleases/2019/CEY%2025_02_2019_RNS_Final_Amend.pdf

[ukgeorge] 11/4/2019 11:14

Have they given a date for Q1 results? (couldn't find one on the website)

This was from the outlook.


Guidance provided is annual. The mine plan schedules a progressive quarter on quarter performance, with the underground contribution largely consistent, and the open pit increasing as the grade improves with depth. The first quarter (“Q1”) is
scheduled to be 105-115koz accounting for increased movement of waste material from Stage 4 and 5.


The share price looks as though it is about to fall off a cliff. I guess something is wrong and being held back from the sheep that are PI's

Or hopefully this is the opportunity of the year to load up.

[kickingking] 11/4/2019 11:06

Gold gives work to millions of people around the world. Crypto benefits a few.

[borisjohnsonshair] 11/4/2019 11:05

Hi DT - I have two bags of magic beans. One person is only allowed one bag. Are you interested?

[wbecki] 11/4/2019 11:02

Gold is a store of value. Crypto is not.
So not similar really.

[jfishy55] 11/4/2019 10:11

"My target is $100,000 -$200,000 by the end of 2021 per Bitcoin."

How did you arrive at this target?

[dt1010] 11/4/2019 10:09

Thanks Plat

[plat hunter] 11/4/2019 08:58

DT.. Check the the charts, Bitcoin is inversely correlated with POG and US dollar, with most market participants coming from EM's.

if you inversely trade the two you could do very well.

[borisjohnsonshair] 11/4/2019 08:52

Going well pal!!

[dt1010] 11/4/2019 08:16

If the Bitcoin it it goes lower I will buy more. My target is $100,000 -$200,000 by the end of 2021 per Bitcoin. Buy Bitcoin!

No more Centamin for me. Not now.

Will buy Polymetal next.

Polymetal International plc is a precious metals mining company registered in Saint Helier, Jersey. It is listed on the London Stock Exchange and Moscow Exchange and is a constituent of the FTSE 250 Index, FTSE Gold mines, RSX and Euromoney Global Gold indices.

[plat hunter] 11/4/2019 07:33

Well done though

[plat hunter] 11/4/2019 07:32

Take your money and run DT... i'd stick here before i put it in bitcoin.

[plat hunter] 10/4/2019 22:42

Pump and dump...
When no one will take part in a placing, do it yourself at a premium to the SP, so you can sell straight into it.

[kennyp52] 10/4/2019 22:26

PFP ... currently insolvent but 66% share price rise in a day .. what do I know lol

[ssrover] 10/4/2019 22:03

o/t heads up for tomorrows multi bagger. PFP (pathfinder minerals)

PFP (Pathfinder minerals) LATE rns today mostly missed by the market.. £6m cap and funded with directors taking shares at a PREMIUM placing of 2p... HUGE HUGE news giving the green light after 8 years of waiting...
Today's RNS which is a real game changer. Its taken 8 long years and for the first time the light's turned green. The asset is huge with over 1bn and will be doing $323m a year for 30 years!?, and worth over 300m revenue annually and the current market cap (6m) is utterly and grossly disconnected.

ONLY 270 million shares in issue... Even A share price of 10p the mcap would be only £27m. Multi bagging right there.

[dt1010] 10/4/2019 21:58

Well I’ve been scaling into Bitcoin since early March. Not bad timing!! (So far)
Built a £45k position there and am not trading it. Holding for mega gains. You heard it here first. The crypto bullmarket has started again.

[borisjohnsonshair] 10/4/2019 21:07

Agreed. I made a lot of money on HGM. Didn't sell at top but did bet well. I'd buy back at 140. Good income. CEY better prospect for substantial growth for many years.

[kennyp52] 10/4/2019 20:39

Podgyted... I have taken a look at both HGM & AAZ , in which I have bought and sold in both. The fundamentals , cash and resources bear no comparison mate to be honest . $300m cash versus $12 and $2.5m , substantially higher turnover with massively higher gold resource plus HMG has substantial and dangerously high borrowings , CEY has nil . It’s like comparing a division 2 football club to a top Premier league club . Both are potentially worth investing in but CEY is far more solid with potential huge news coming through in next couple of years from Cote D’Ivoire and Burkino Faso projects . Good luck either way.