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.
Hello Share Bottlers. I’ve held shares in Centamin (CEY), the Egyptian gold miner for some years now. Given the dramatic events that have shaken that interesting country, the share price has followed rather a boring path.
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Comments
DUCK AND DIVE
Morning Malcolm. The legal to-ings and fro-ings may be complicated but it is fair to say that a favourable outcome would be very beneficial for the company. It might also have been fair to say that an unfavourable outcome could see shareholders wiped out by the confiscation of the mine by the government. It’s a double-or-nothing play in my view: red or black.
wildrides
Sell it ………….. Isis are probing into Egypt and cut a mans head off there only this weak . Where angels fear to tread , in goes Malcolm .