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Centamin Q2 numbers good but the bulls remain in dreamland

Tom Winnifrith
Tuesday 9 July 2013

Centamin (CEY), the gold miner operating in the delightful peaceful paradise on earth that is Egypt has today announced Q2 production numbers. As a bear of this stock since last summer when Egypt headed down the Islamofascist route it would be churlish of me not to admit that the numbers are not excellent. They are superb. But with respect that is not the point.

Incidentally I called Centamin 100% correctly on the bear tack just as I had on the bull tack (tipped at 8p sold at 139p) but got heaps of abuse from Bulletin Board Morons for going bearish. Fear not, those who abused me, I am not looking for an apology. You have suffered enough with the financial losses you incurred as you dismissed me as a fool. I shall have another poolside beer and drink to your health. “Cheers…here’s to the Bulletin Board morons”

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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