For sure tcisboss
Just busy trading at present, all good fun
I owned a company, Tethyan (TYC) a couple of years ago. The scale of TYC resource was much larger than CSE but the grades were just about all sub 1%. CSE is getting hits 7% and even 13% is some areas.I sold TYC to a bidder at $1.40 after it being at $0.35.
Whilst economic circumstances are different in the US, they remain positive in China and RIO feels 9% growth is sustainable there. Australia is a locomotive and the only thing to derail it in sight is if interest rates go too high, mortgages above 10%
CSE smacks around due to the low level of liquidity. The buyers are being careful/ patient but at some stage markets will rally - hopefully this decade (sarcasm LOL).
If CSE can further increase their resource with all the current drilling then .... work it out for yourself
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