Look at CDS???
"POTENTIAL to host 35 billion tonnes"???
Please FO...
CDS has grounds in a 200 billion tonne area ROTFLMAO!!!
Seriously though:
- CDS has drill data from BHP. BHP!!! - who had planned to take the tenements to PRE-FEASIBILITY.
- CDS has a JORC resource, that will be upgraded in SIZE AND **STATUS** - expected QUARTER 2 (i.e. 2 weeks)
- CDS is 30km from an Eskom coal station, new station to be completed in 2 years and another couple being discussed. i.e. a customer with MINIMAL SHIPPING COSTS - therefore somewhat protected from coal price decrease (ex ship costs).
- CDS has guaranteed access to Richards Bay.
- CDS has COKING COAL also. Every man and his dog has thermal coal. Serious Coal plays have coking coal. See RIV and CZA...
This is a Steinepris pump and dump. Get HC punters pregnant with an illegitimate child...BLR, DYL, RMG, MHL endless list of co's that have "blue sky" potential but probably won't make it into production.
Might be good for a trade - but punters, don't be stuck with an illegitimate child.
CDS has a RESOURCE and a GREAT CHANCE of being ACQUIRED BY A MAJOR, particularly for the COKING COAL upside.
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