At the same time last year Huntley had a strong buy on CSM up to $3.30 and the Canadian analysts RBC CAPITAL MARKETS (CANADA) has a strong sell on CSM.
Myself, as a new shares investor followed HUntley. Just like Huntley, I saw CSM were meeting their production forecasts each quarter.
But what Huntley did not know (however I had read) was their was a massive glut in manganese.
Whilst CSM were producing they were not selling and what they were selling was at a low price.
RBC CAPITAL MARKETS (CANADA) knew what was happening and had a strong sell.
We lost a lot of money and understood Huntley did not have a clue.
Therefore for those who still wish to gamble on CSM, with all of its manganese mysteries, at least this year you have RBC CAPITAL MARKETS (CANADA) on your site, who currently have a hold recommendation (plus their report is on the CSM website).
Etade have the following recommendations:
Strong Buy- E.L. & C. BAILLIEU STOCKBROKING LTD.
Strong Buy- WILSON HTM SECURITIES
Strong Buy- MACQUARIE RESEARCH EQUITIES
hOLD - SOUTHERN CROSS EQUITIES LTD.
hOLD - PATERSONS SECURITIES LIMITED
hOLD - AUSTOCK LIMITED
hOLD - RBC CAPITAL MARKETS (CANADA)
nOTE: last year, Macquarie did not have a clue either.
Good luck.
CSM
cosmo gold limited
At the same time last year Huntley had a strong buy on CSM up to...
Currently unlisted. Proposed listing date: TBA