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12.5¢ consolidated tin mines limited

CSD has commenced its surge!, page-144

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johnyb26

3,217 Posts.

67

23/05/15

20:07

Post #: 15338697
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Originally posted by Early1 ↑

7.02 weighted average sounds good to me.

Breaking that 7 cents today was an achievement, getting to 7.5 cents was huge given we were recently 5.2 cents (and before that down to 4.1 cents last month).

I think, regardless of that late sell off, it was a pretty unique day, almost cracking two million shares. It brings out the excitement of the next few weeks as we finish off the year (maybe showing maiden profits) and bringing in a plan for further diversification, and announce 2015/16 production programs and exploration.

Meanwhile, the zinc supply is shrinking fast and that will only mean a major bounce coming.

Keep up the posts and let's talk about what we have and remember that party when all this has been said and done.

;-)

May the toots grow louder.

Expand

CSD is a diversified miner, which might be a good thing given that zincs bull run has probably come to an end at least for the forseeable future. The recent double top on the zinc chart shows a reliable sign of a market top.

Interested forum mebers can read more about the ample world supply of zinc here : http://www.bloomberg.com/news/artic...-bulls-lose-faith-in-predictions-for-shortage

Last edited by johnyb26: 23/05/15

CSD Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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