I've been following this stock for several months now ubt it seems every time you think the bottom is in, down she goes again.
The quarterly report wasn't enough to turn the tide - grades are ok at around 26%* but it seems they aren't going to drill any more than 12 holes there. Initially the program was for 32 holes.
Plenty of cash rich iron ore explorers out there at the moment well down on their year highs but iron back up over $100.
Any opinions for price drivers for CBS this year?
*CTM's Jambreiro jorc is 125mt @26.7% FE
CBS Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held
