as i was saying in my last post a 6 month holiday is in order, till jan 09,world markets still looking sick,..the lme tin stockpile was 6460 ton a month ago,now only 5595 ton,and yet the price of tin has come down?,bizarre,and you would think the stockpile will keep declining ?,even news reports around of tinplate contracts set to rise by 30 percent,ie, tinplate is sheet steel covered with thin layer of tin,used to make what we call tin cans,i think,so a higher price for manufactorers is starting to work its way in.Csd news over the last month has all been positive,ex silk on the board now,expect more drill results soon,cash on hand is 2.725 mil,outflow for this quart is 400k,so csd has enough cash till next year which is a good thing in this climate,but still very little interest in csd,or any tin stocks for that matter,but just when csd bids look like they are about to fall off the face of the screen new ones pop up,anyway back to my holiday.
CSD Price at posting:
0.0¢ Sentiment: None Disclosure: Held
