CSM cosmo gold limited

under $3.. , page-4

Currently unlisted. Proposed listing date: TBA
  1. 3,698 Posts.
    You know I sometimes think fundies in cahoots with brokers know stuff we don't know.
    It could be something to do with the economic cycle. I have looked at the ASX chart and notice we have broken out of a long term trend.
    The question is...is it based on fundamentals?
    Over the last couple of month a lot of minerals that go into making steel such as maganese, coking coal, and nickel have dropped markedly. I wouldn't mind betting that the outcome of the iron ore negotiations with Japan will be a lower price than last year, maybe a lot lower. I have consequently been dicing with the idea of selling BHP and RIO, the companies which I have made some real money.
    It just seems obvious to me...lower nickel price, lower coking coal price, lower manganese price. Probably lower iron ore price. What do you think?
    I reckon general market analysts are telling there funds this and getting them to sell down while brokers are recommending clients buy to keep the price up.
    I hope I am wrong.
 
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Currently unlisted public company.

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