Its frustrating at the moment for holders of this stock but I do beleive we will see a resurgence in csm stocks in the next couple of months .One main catalyst will be Labors election promises of cutting green house emmissions, you carnt go to Kyoto sign up and pledge to cut your coutries co2 and then come home and sit on your hands and do nothing.Now that Parliment has resumed Im expecting some positive news on the enviroment.Gas has 40% less co2 than coal so that has to be beneficial.Oil is in decline and is expensive... IMO gas is avalaible and this country has huge reserves that need to be tapped, gas will become our next primary source of energy....I havent hit the panic button yet.One other point is that Rudd is nuclear free. if we go to wind we need to build 7000 wind farms by 2020 and we should have started 3 months ago.. not much chance of that happening
MPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
