observations of cst agm, page-33

Ever tried to get a mine up and running?

5 years would be a dream run, contrary to the belief of many, mine establishment takes a very long time and is usually accounted for in the risk factor built into the shareprice.

However the Q was the definition of patience and long term in respect of this stock, 5 years is long term in my book and to hold for that length of time is a fair definition of patience.

Easy for a newer investor to suggest patience, just a fraction harder for long term holders to hear the refrain once more. We certainly still hope for that long awaited exponential surge in sales, the last shareholders letter certainly suggested that but unfortunately the subsequent quarterly cash statement 2 months later did not really show it. Maybe the payments lag is more like 120 days rather than the stated terms of sale of 30 days, sure hope so as maybe then we will see a good H/Y report.

We're an optimistic lot, us CST shareholders.

regards, eb