CSM announced that commodity prices have dropped substantially over the past quarter but anticipate a pick up in the second half which would mean they would achieve projected profits for FY '06.
They also stated their spending $100 million over the next couple of years on exploration and mine development.
The combination of both statements has frightened investors who are dumping.
CSM
cosmo gold limited
getting smashed
Currently unlisted. Proposed listing date: TBA
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