CSD consolidated tin mines limited

It certainly is a nice rise but it is on low volume. Because of...

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    It certainly is a nice rise but it is on low volume. Because of the illiquid nature of this stock, it can significantly move in either direction based on small amounts of money.

    Most holders are holding and most HC's have added all they can, so we now wait for the next set of news.

    Speaking of news, I would have thought that the drilling results should be in soon. Drilling started on the 16th of October, so next week makes it two months.

    Drilling will be an in-fill program, consisting of approximately 6,000m RC and 1,500m HQ Diamond drilling. The specific objective of this drilling program is to provide:

    • further definition of the exiting JORC resource (converting inferred and indicated to measured resources);

    • a representative run-of-mine orebody sample for final flotation and fuming pilot test work optimisation; and

    •additional geotechnical and hydro-geological data for mine pit design and mine schedule optimisation.


    http://www.csdtin.com.au/asx-releases/

    Perhaps it might be after Christmas and into the new year before we hear. Anyone have any ideas on this?

    Aussie now down to 0.8915. Let's hope it continues as this will help manufacturers, exporters, and CSD. It's not so good for the overseas holidays, but Australia is the best destination in the world anyhow.

    Plenty of other news to come, although I'm not going to count these down anymore so not to offend anyone...

    Except to say... It's 12 days to CHRISTMAS!!!

    ;-)

    Now I hope you've all been good.



 
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