Really BIG Shareholder

IF. IF this ~80% SPIT  ("T" for Tong) holding is worthy of a separate thread, here it is.

Kicking it off is a post by whisky which I agree with:

In my experience someone who has that much skin in the game has a considerable interest and belief in the Companies future and like the remaining shareholders expect the shareprice to be considerably higher in the future than it is today.

The shareprice will be driven by performance of the Company not a large shareholder and a tight register takes out the traders to a large extent so more of those who do climb on board will have a timeframe beyond the next 10 minutes.

Cheers Whisky

http://hotcopper.com.au/threads/positive-share-price-catalysts.2486161/page-8?post_id=15003367

First, no one will be happy with a $0.05 sp. No one plays to break even, in this high stakes game 100% is a reasonable beginning.

Second, an as yet, speculated equity raise. IF, again IF, one is going to happen its size will be determined by Free Cash Flow and short to medium Sn plans. To anticipate, that's not a sure thing, I'd watch for: a wonderful DFS; juicy oozing drill results; a lovely, adjusted from CSD's taking over the mine, Q$ result, and; newsletter/media coverage -- this would stick out given CSD's PR efforts to date.

Third, the sheer size of the float is absurd. Personally, I've found this to be simply a math game where if there were a tenth of shares out one would initially buy a tenth of today's amount. One's invested money would be equal, but shares owned would be differ by an order of magnitude  -- think 1B compared to 100MM --relative to the share count. Nevertheless a share consolidation is not out of the question.

Finally, the share registry itself. Some escrow, some yet to be issued, some based on loans, some based on bonds, is a wee bit messy making valuation more complex.

Skin in the game... think about it.

OV