496131. Some times it takes a while for parties who may have grandiose ideas to get into sync with the reality that CSM has had a good run and the risk in the share price has increased and the share price may just fall. My posts some time ago was sending a warning IMHO,that is . There is still a reason for the share price to hold at the moment and that is that CSM is issuing some of its paper to buy REM and a high priced paper , the CSM share price, makes REM shareholders feel happier to accept the bid. Whether someone is propping up the share price I do not know but I do know the price has very recently run up quite a bit.The risk level has altered therefore IMHO . Bulls of CSM on Hot Copper may not like my comments , which I might add can be correct or incorrect , however I am not going to alter my comments because it may upset a few people as they should be big enough to accept comment which does not agree with themselves, I will continue to apply the truth as I see it .Also the cycle is High on the metals front and nobody knows how long it will last and to use PE ratios as a valuation calculation tool is incorrect IMHO.
On 10 November 2004 , Jenkins Asset Management ceased to be a substancial shareholder. It would be interesting to hear their views as thay had quite a few shares they obviously wished to sell into strength whilst there were buyers about and not after the music may have stopped. B2
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CSM
cosmo gold limited
496321 brunette-two, page-3
Currently unlisted. Proposed listing date: TBA