Centamin Share Discussion Threads

[jfishy55] 10/5/2019 13:07

"Do CEY mine silver ?"

Well yes they do in fact!

CEY sold $1,044,000 worth of silver dore bars in 2018.
So CEY does in fact mine silver as well as gold - although a lot less of it!

[plat hunter] 10/5/2019 12:30

Work ha ha ha.. I remember those days. Who goes to work at 10:30 in the morning?

[kennyp52] 10/5/2019 10:27

Plat . Back to being a gold plated prat . On the attack as soon as someone posts anything different from your opinion . Off to work now so leave you to do your all day posting on the various different boards . Must be exciting for you .

[creditcrunchies] 10/5/2019 10:22

it's not oversold on the Weekly bar indices it's about midway once that gets oversold you get value then you move from cash to stocks

[plat hunter] 10/5/2019 09:46

Kenny..

You are a little boring to be honest mate.. try at least to keep up with the narrative and remember what people say. It makes you look like a little slow at worst, or obnoxious at best.. Surely you're a grown adult and can cope with the flow of a non bias conversation?

This has had two attempts now to break out of it's current trend line and FAILED.. That is a huge bear signal and as it stands 70p is more likely than 100

It has nothing do with how much silver i might be trying to buy, unlike most here. My interests are far far beyond single stock punts and cover multiple industrial sectors. You just don't like the view of technical trading facts because you're holding and choose to ignore it because it suits your agenda and makes you feel better about your paper losses here. (just guessing now, perhaps you have a different technical analysis)??

That I'm afraid doesn't and won't stop me from range trading any stock I wish whether or not I have any long terms opinions about the underlying metals application in the real world.

[plat hunter] 10/5/2019 08:15

Silver is a massively industrial metal. If you're a green energy bug, you can't make solar panels without it :-)

[plat hunter] 10/5/2019 08:14

'Prefer'... Rather than exclusively hold.Not withstanding that I trade too.

[borisjohnsonshair] 10/5/2019 08:04

Hows the mutual appreciation society going. How wonderful you are at stock picking, stop loses and not being greedy. Leave something for other. Makes me puke

[dt1010] 09/5/2019 21:52

I know silver is industrial to a small extent but otherwise why are you on here then Plat?

[plat hunter] 09/5/2019 19:29

That's exactly why I prefer industrial metals, DT.

[dt1010] 09/5/2019 17:51

Only a rate increase will move the markets a lot lower and that could happen.

My guess is we see some bad economic stats and then a cut and the market will rally, silver and gold down, and their miners.

I hold no hope for the whole PM sector. It’s *ucked.

As Buffett said, if they move rates lower then the US market is very cheap. But then, he’s hardly a gold lover is he?

All PM enthusiasts have been rodgered in the last 11 years, desperately waiting for the financial world to cave in, desperately underestimating the sheer power of the US printing press to swell the markets.

It has to end at some point. Could be years yet though.

[whitegold1] 09/5/2019 13:29

Bought a decent wodge. Trump could come up with a China deal but I think, in general,we.ll see a mkt correction sooner rather than later hence my investment after the 'plunge' today.It.ll be a sticking plaster job - gold will have it.s day.

[trader365] 09/5/2019 13:29

Anyone who doubted the sell in May and go away

...take a look at the dow chart from 1st May

[plat hunter] 09/5/2019 11:53

yes Kenny...

Everything is oversold as much as much as they are overbought. Ignore the noise, get in and get out.

If you love a story so much then just take your capital costs back each time, retaining your profits as free shares.

Nothing goes up and down in straight lines and the market is always open and whilst my wealth is in cash then it's all mine and safe :-P

[stevedaytrader] 09/5/2019 09:15

Stop fo*king around Donald you muppet and sort the trade deal.

[kennyp52] 09/5/2019 09:07

I agree stop losses are going to be in my armoury moving forward as I have noticed when a stock loses sympathy it goes well beyond its value before a bounce . Now CEY is back at 90p are you reverting back to 70p Plat ?

[cinquepercento] 09/5/2019 08:39

Plat: re: your above post:

"And always put in your stop and loss and profit stops, before the top and bottom, leave something in for the next man. Just make sure you get out, you're only exposed to risk whilst invested."


I agree with the above,Plat:

Sell while it is still going up and buy while it is still going down as long as you know the share's general behaviour.

Don't get caught when they suddenly close the door, just as you are trying to get out.
Take the profits and don't wait for "pie in the sky ".

[plat hunter] 09/5/2019 08:05

It is and I do alright Kenny :-P

I'm not the only person who trades, it can be done.. Most people who get it wrong though, falsely believe they have called it right and never ever use stop losses.
Always use stop losses, the market can stay irrational longer than you can stay solvent.

And always put in your stop and loss and profit stops, before the top and bottom, leave something in for the next man. Just make sure you get out, you're only exposed to risk whilst invested.

[greenelf] 09/5/2019 08:01

Main markets possibly peaked, plus spike in Vix volatility this weak. Many over positioned short traders on Vix futures who will have to exit. Not had a major equity correction since end last year, due one soon. But nothing is given or certain! Miracle US China trade deal could push markets higher..

[kennyp52] 09/5/2019 07:58

Plat if it was as easy as that we would all be minted .

[haughtonhoney] 09/5/2019 07:53

What are you basing that on greenelf?

[greenelf] 09/5/2019 07:40

Strong chance equities will undergo a strong correction imminently. Gold and CEY will do well.

[plat hunter] 08/5/2019 20:51

Support and resistance Kenny.70p was on the cards if it retraced from 91.68 closing above that is a trend breakout with 106 being the next strong resistance.Prices move in both directions, you'd have to be naive to believe they don't.Still not buying though, as Tripoli is a big risk for Egypt and Gold isn't yet strong enough for me

[kennyp52] 08/5/2019 20:35

Plat Hunter - 07 May 2019 - 08:38:12 - 32509 of 32540 Centamin Egypt Ltd - Multi Million oz Gold deposit - CEY
Bouncing off resistance again.. Risk of 70p still on the cards

So come on ... you can’t be right on both of these posts ??