I can't believe I wasted my time adding to that other down ramping thread. Seriously?
Some facts to remember:
1. The plant is worth over $100 million.
2. Two leases were purchased by Kagara for $22 million.
3. The company is now cashflow positive.
4. The company has a few million in the bank (and will continue to add to it even after spending on development).
5. There is a $20 million plus exploration program by Wanguo that is risk free to CSD.
6. CSD has a $10 million environmental bond, cash backed.
7. Development of the tin project is in conjunction with maintaining a positive cashflow.
8. The tin project has a NPV of $110 million (and is set to improve).
9. CSD is a mid-tier base metals producer: Zinc, copper, lead, silver, gold.
10. Future commodities include; tin, fluorite.
11. Mention of rare earths? 4000 samples with encouraging results yet to be released.
12. 4166 metres of drilling per month over 3 years (minimum) paid for.
13. Ver frugal and supportive management and guardian angel major share holder.
14. The 17 cent target was for a combined entity that had yet proven its worth as a producer!
I'm sure the list goes on but it is late.
;-)
Unlike the other post, I can back mine up with facts and figures. That is, I don't rely on reading tea leaves or looking at the stars.
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