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CSD consolidated tin mines limited

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Merchant2000

24,992 Posts.

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02/09/14

20:33

Post #: 13914005
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Originally posted by theboywonder ↑

a very sad day in so many ways

Dharmesh - you were correct - I don't know how or if it was just a guess but it's a shame. The negative crew are enjoying themselves and those of us who have been here for a while know who I mean. I turned off the ignore button today just for a laugh ( and to allow balanced debate) and the same faces reappear at times of crisis with a fervour that really makes you wonder why they ever invested in this stock, or mores to the point why they didn't sell out after the last moan.

I guess the reason is simple enough and it's is because they believe that some money is still to be made.

So CSD missed another timeline. Nothing new really and I agree wholeheartedly that an update would be much appreciated. It is annoying and downright frustrating. I however believe that I understand the possible returns weighed against the potential risks reasonably well. None of those risks have really changed from last week or the week before so I'll sit it out and if all comes to fruition then I could win big. If it doesn't then I loose. Spec stocks ( not that CSD is really a spec it being a producer of sorts) are a gamble full stop. I will foolishly wait until the fat lady sings and I'd be a lot more annoyed if my average was higher than it is

few points - JS sold his shares 2 weeks ago - funny how that was only trotted out at a time when it would have maximum effect on SP. Maybe it wasn't spotted at the time. We do not know what he has done this week and frankly I don't care as in the run of things it's nothing( he still , at last count has 6.5 million shares and a shed load of options) Moaning about one major shareholder selling 500k as being end of the world and not applauding another for effectively investing another $2million dollars doesn't make sense

Somebody mentioned no institutional investors ...hmm well what are snowpeak ? and what about success sea development and provident investments? and I think, from memory, both bought in within the last 2 years at 10c

A request went up asking for an urgent eps p/e and valuation update - really ? last time an intelligent stab at that was posted it was lampooned by some ( not me - nice one early) _ the same figures, approximations and estimates are available to all of us. Have a go for yourself and if you are happy stay if not walk. Most of it will be guesswork even when/if CSD are pulling tin out of the ground but the odds are still better than winning the lottery.

And as to money running out - for goodness sake nobody knows what money is available and nobody will until an EGM is out there. Ralph may be into his second million loan BUT SPI had a $1million loan facility in place. It is, as far as I know still available (sure it might not be) but you can't sit around claiming CSD have no money. They have just received a boost with Yunnan Tins investment effectively reducing DFS etc blah blah blah

We do not know what funds come across if/when the mill etc moves. Maybe we'll all get shafted by SPM but they aren't miners and I would imagine my shares will be worth something to them one way or another

To those who whinge and whine about loosing patience and how bad the future looks for CSD either admit to making a mistake in investing in a high risk high return spec stock or move on. If you can't make a decision between those options then the only one that remains is downramping

All that said I am annoyed with the lack of information and the failure of moderator control on this thread. Things have got out of control due to ineffective/inappropriate control ( and if that get's me moderated then it's a very sad day for democracy as well)

right back to the easy option of the ignore button - ( it's easier than bashing my head against a brick wall )

come on CSD we are on the brink of either something great or a flop and I want to be put out of my misery on way or another

DYOR as always

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Boywonder, you said you tuned in today for a laugh.

The lack of information and constantly missed deadlines by the company is not a laughing issue.
imo a private company is more transparent with information than csd has been of late.

It would be sad if only one sided debate continued while the price is falling.
Two sided debates may not be to your liking but they can open your eyes to reality.

DYOR and good luck

Last edited by Merchant2000: 02/09/14

CSD Price at posting: 5.9¢ Sentiment: Hold Disclosure: Not Held
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