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Centamin – My Replacements And Grrr!!

By Nigel Somerville | Wednesday 30 October 2024


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


When AngloGold launched its bid for fully-listed Centamin (CEY) I said I was looking at splitting the holding into stakes in various replacements, including fully-listed Golden Prospect (GPM), Kefi (KEFI), Amaroq (AMRQ) and the Gold-mining ETFs GDX (majors) and GDXJ (juniors). Sadly, I held back from buying yet more Ariana (AAU)….needless to say, it is up 64% since. Drat!
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