Agreed Roypig. I initially entered into CDS last year and have...

Agreed Roypig. I initially entered into CDS last year and have accumalated along the way to a point where my average is near the 18c placement price. I could have taken the money at run in the 40's but I strongly believe in the future of this stock. Coal is a dead cert ! The price of coal will go up from its current seasonal low and the Waterburg province is known for its abundance of coal. Its near surface - the lower quality for Eskom and the higher qulaity could be exported. Great management with the SP holding at a reasonable level considering the turbulance of a very ordinary bear market.

This MAY hover around the placement price for the next coouple of weeks but as the drilling begins and the market starts to turn (imho after the US election), our patience and support of CDS and its management will be rewarded.