Big sell orders were from recent short fall,quick 40% return is hard to resist for them that explains why share price is not moving higher as it should. Tin price hits US$24,000 and expecting even higher in coming years that makes CSD more attractive. I don't think SPM will match $80 million difference to have 50/50 JV as said previously,it only costs them half if takeovers at 20 cents but to own 100%,plus 2 cents for each option. SPM may prefer to merge with CSD,such as issuing 200 million shares for their $40 million mill(should be 180 million as 10% is already owned by CSD) that makes their investment more transparent. Hope the deal will take CSD to 20 cents level. CSD has 5,000 m2 tenements,further exploration will add it's value immensely. Quicker money or bigger money ,all we need is patience.
CSD Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
