Thanks for the lecture. You obviously didn't read my post correctly. Fact is that CST will need to make about 8m Nett profit to maintain this existing shareprice. The next quart report might start to show that that is achievable.
For the record, I have mentioned CST to an investor friend and he and I will run over the numbers ourselves. Basically my advice so far was to "buy on weakness". We still don't know the implications on the market with the current situation. Some mining companies are currently trading near or very close to their cash backed share price.
All things been equal I would say that weakness on CST will be absorbed. :)
CST Price at posting:
$2.25 Sentiment: None Disclosure: Not Held
