Centamin Egypt Forum

will take a look at latest trades

well it suits me cey on the rise, at last.

Nothing definative on the cause of gold's sudden rise but generally it's got to be related to the drop in equity markets over the last few days. Money is coming out of equities and going into gold - at least for the moment.

Not yet...

Wondered whether the yanks had nuked isis or something like.

Probably short squeeze by hedge funds unwinding positions.

gold just passed 1230.Whats going on, anyone know.

Think a more realistic price will be round 70p. I do not consider Burkino Fasa a good area to start prospecting .The nubian shield would have been more logical there is plenty of it!!

fundamentals look good, worry is the security situation.

Centamin has done well so far in December but is that sustainable with the growing security concerns. Britain and Canada have closed their embassies and issued security alerts to avoid travel.