charts and where to next?, page-8

qqqqqq and Mwah67,

I agree with you both and thank you for not just being down-rampers for the sake of down-ramping (or any other hidden agenda).

The share price is dismal and is not what I would like it to be at, and as you both have pointed out, the market is certainly not liking any of these particular stocks at this point of time. The resource sector as a whole is still on the nose, and commodity prices could easily drop further if macro economics slide backwards.

However, IMO, I can only see upside from this particular point, especially given the commodities that CSD/SPM are invested in. But don't take my word for it, do your own research and see for yourselves the outlook for tin, fluorite, copper and iron ore.

Yes, iron ore might not reach the dizzy heights of 2007/08 prices, yet I think it will hold and the Aussie dollar will help our cause.

Tin, fluorite and copper should recover with global activity, and with a deficit, tin should steam ahead. Of course, these are all forward-thinking statements and should be treated as such.

And Mwah67, I think you have me completely wrong. I'm not against TA. My point is that day traders (short-term profit seekers) often cause wild fluctuations in share price, driving the price up and then dumping and causing the share price to fall, and this is mainly in disregard to actual fundamentals. This can be damaging to a fledgling company.

Anyway, I'm going to ignore the rest of the previous character assassinations and concentrate on posting news and facts related to CSD. If it is too much, then just press ignore.

Chess, emails are on their way.

;-)

And finally, qqqqqq, in your opinion, what commodity prices do you think we should be aiming for, and what reasons do you have for these? I'm happy to go with consensus prices myself as the experts certainly know more than me, although I do note that they are often wrong (either too bullish or too bearish).