Daily Stock Opinions and Ratings

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Opinions

Michael Smedley Centamin Egypt CEE-T SELL Aug 03, 2011

Has had setbacks already and the recent one may need to be taken seriously. On of two operating in Egypt. Heavily followed in Europe. A very honest group of people.

Michael Smedley

Unknown

Unlock Rating

$1.680

Stock price when the opinion was issued

precious metals

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

STRONG BUY

Political unrest in Egypt does not affect their mine. A couple of large pension funds are trying to exit any position in Egypt and this has affected the stock price.

BUY

Gold production in Egypt. Some production problems. Target of about 700,000 ounces or so. So far from riots that they shouldn’t matter.

DON'T BUY

Doesn’t think the political risk is going to get better. He prefers looking at investments going north/south with North America and Latin America. Also a little bit of Asia.

DON'T BUY

With the recent pull back he is looking at it. Interesting project but has concerns about the situation in Egypt and the rest of Northern Africa. There is no rush to go into this right now.

COMMENT

You have to be patient. And not forget that this is in Egypt. Good management by some Egyptian Australians. Will have very big production as time goes by. Thinks the target is 100,000 ounces.

DON'T BUY

Used to own this. Have a very interesting gold asset. Obviously, politics is a huge problem. She would not own anything in Egypt because you don’t know when the situation will settle down. The asset is fantastic.

WAIT

He got shaken out of it. On any down turn in this market he will probably re-enter it. He should not have sold. Wait for a pullback in the summer.

WATCH

He is attracted to it. He is looking to reenter. Everybody hates Egypt so he likes it. The turmoil in Egypt interrupted negotiations CEE-T had with the government over their mine.

COMMENT

A high-quality company, but it has had an extraordinary run. His view is that the price is ahead of itself.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Michael Smedley Centamin Egypt CEE-T SELL Aug 03, 2011

You might be interested:

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Centamin Egypt(CEE-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Michael Sprung

Larry Berman CFA, CMT, CTA

Stockchase Insights

Jim Cramer - Mad Money

Greg Newman