getting nervous, page-6

Directors owning shares gives confidence to the market, CSE directors should own shares in thier own company.
The only thing these guys have to lose if the company goes is thier jobs and its a good possibility why they wont accept the offer. Lets face it, if your directors have plenty of skin in the game you know they will be acting in the interests of the shareholders, they are not going to be only playing with someone else's money.

They lose credibility when they say the company is way under valued but then fail to buy shares themselves.

CSE will run out of money for day to day operations and will not be able to drill. Without a raising how do you suppose they will get the money to stay solvent and continue to operate.


This is a very small deposit, which is why it is only viable for a company that has already spent the money on plant etc, to make it viable they will need to spend a lot of dosh drilling with the ever present risk of not finding enough. They will need to raise cash and a raising will be the only way to get the money to drill.
Are you willing to buy more shares at 12c and swallow the dilution? i doubt it. the only way a raising will go through will be to sophisticated investors who will get it at a big discount to current price.
I am not trying to scare anyone, but this thread needs some alternate views, its no good just having post's that say what everyone wants to hear.

People need to talk about these possibilities and not just focus on the sugared up versions that go around.

While there are no other bidders i doubt that the bid price will rise more than a few cents and would be surprised if it goes up at all.