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12.5¢ consolidated tin mines limited

Ann: Research Report, page-31

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Recyug

875 Posts.

13/08/15

12:13

Post #: 15800464
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Originally posted by johnyb26 ↑

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 .

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Hi B26,

Points all noted but question this part...
"current lack of demand for what it is mining"

I thought CSD had effectively forward sold to their Chinese partners... If this is not the case I stand to be corrected..

CSD Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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