Commodity prices are in freefall, and as such there is no pressure for me as a buyer. There are many spec miners other than CSD competing for buyers at the moment; nickel, gold, silver, aluminium, tin stocks, they are a dime a dozen and many floating around 10-25 year low pivot points. Many have volume, unlike CSD.
CSD is in the bottom 20% of my buy considerations at the moment simply because of its lack of volume and vulnerability to the current lack of demand for what it is mining. As such, I feel I am in a position of power as a buyer and 4 -4.5 cents is my best offer.
If I cant get CSD for a good price rhen there are plenty of other commodity stocks i can buy .
CSD Price at posting:
6.1¢ Sentiment: None Disclosure: Not Held
