Malta, thanks for your input. I am always a little wary when someone says "Don't shoot the messenger!", because that is often just code for "Don't disagree with me!" I trust that is not the case this time, and that a reasonable discussion is in order.
There has been a deafening silence from most analysts as far as CST is concerned of late, so I am very interested to learn who the analysts are who have been making these comments. Can you please enlighten us?
It is also something of a conundrum as to why the issue of cash has been raised. CST quite plainly has plenty of cash, and, with profits which appear to rising rapidly, the level is increasing to the point where we see speculation in forums as to when a dividend might be paid. Where is the problem? In this situation, is it appropriate to still rate the company as "very speculative"? Such a description is quite reasonable for a junior miner with a couple of leases and three bore-hole results, but that hardly represents the CST position today.
Could you please clarify your reasoning?
Cheers, Prime
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