CSD consolidated tin mines limited

I had given up! Have they snatched an improbable victory(staying...

  1. 1,808 Posts.
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    I had given up! Have they snatched an improbable victory(staying alive) from the jaws of defeat. It is an outstanding announcement if it can be pulled off..In the previous announcement CSD was going to pay $53 million and now they got it for half that amount with gold assets to boot which will interest the market Will the Chinese cough up more money at 60c as they have previously done?...I would have said only the Chinese can rescue the company and normally you could not see the market supporting any CR knowing the track record of CSD...but to me the announcement is so impressive that I think investors could be swayed to invest..Lets wait and see the trust in the management is at a low point but there is real value being injected here..imo
 
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Currently unlisted public company.

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