Marker2 - it's not about impatience my friend. It's all in the timing. As perthglory said, there will still be opportunities to buy in after RSBA approval and resource upgrade. I've had a great deal of capital tied up in CDS since Jan and thought now would be a good time to exit with a small loss.
CDS was never a long for me, it just happened that way. I bought mid-Jan @ .17 cents hoping to make a quick profit. Unfortunately, we all know what happened towards the end of Jan. Ever since I've been sweating and trying to recoup my money. CDS rallied in late Feb and ran back up to .185 and I should have sold then because it was back to .10 cents a week or so later.
Without news very soon CDS will be low teens again and from the horses mouth it might not be until middle/end of June. There will be plenty of opportunities to buy back in I think. I hope I'm wrong.
Good luck to all.
CDS Price at posting:
0.0¢ Sentiment: None Disclosure: Held