dream spec

according to Tony Locantro. Full thread here;

http://www.hotcopper.com.au/post_threadview.asp?fid=2&tid=732190#238783

Copper Strike 16.5c
ASX Code: CSE

When valuation reports of $1.00+ were being produced, CSE’s share price rocketed to highs of 85c. The share price is now not that far off its all-time low of 13c, yet CSE are in feasibility at the Einsaleigh copper project in QLD and this is due out by the end of August. In a market happy to discount everything, one redeeming factor is the flexibility of the project based on two copper deposits and three zinc-lead-silver deposits.

It is just obscene when you have a company with around $7m in the bank, capped under $17m with a study is nearing completion on an actual resource. Based on the ludicrous value assigned to the company, CSE are a sitting duck for corporate activity.

Just like the other companies covered in this article, CSE has committed and passionate management who are working hard to see the company succeed.