Civitas Social Housing Share Discussion Threads

[bobbyshilling] 07/6/2012 17:11

The latest Chinese find announced yesterday is huge though, about 80 times the size of what CSH have. Would tungsten prices still stay high if the Chinese were to release some of that Tungsten to the western markets? Or maybe they will hang on to it all to ensure future supplies for themselves.

[5uchchi] 07/6/2012 10:53

Taking consideration of recent interview and the demand for Tungsten(very much--short in supply),I think it would easily pass 1p mark very soon. It is only my opinion but it is possible after looking at the recent share price movements. good Luck everyone.

[tomboyb] 07/6/2012 10:46

REE = Hedge

Tungsten = Hedge + Gold

Gold = Hedge ( 11 year bull market so expect some consolidation)

How far to go? Difficult to say although where Buffet has invested - Reckoned it could just be the beginning as per article.

[flashheart] 07/6/2012 08:40

Should move pretty fast now, especially with whats coming.

[tomboyb] 07/6/2012 08:36

Morning - well its a case of Tungsten being defined from rare to endangered - La parilla mine has 36mill tonnes of Tungsten ore - Tailings 2.5mill and the new acquisitions -

Expecting assay results of 3rd hole -

[flashheart] 07/6/2012 08:36

My million top up at .4 yesterday looking quite astute lol.

[moreforus] 07/6/2012 08:31

the 5 mill buy helped yesterday....

[koorb] 07/6/2012 08:29

Looks like the assays on the 3rd hole could be pretty good - maybe even better than the first two.

[moreforus] 07/6/2012 08:27

12.2%...hmmmmmm

[ryan83] 06/6/2012 22:43

cheers tomboyb.

[tomboyb] 06/6/2012 22:40

CSH - Tailing expected to be in production early 2013 - thats the earliest figure versus its peers - The Assets are given in the header above - (which is by far not complete as timing issues on my part but i will be adding to them).

Ryan to save u time -



explains it quite well

[ryan83] 06/6/2012 22:35

do we know how long the approval may take or at what stage CSh are at? I agree that the current mcap offers potential even without the licence. Sorry, not upto speed with CSH, I intend to look/research a bit later this week. Just gauging others views..

[tomboyb] 06/6/2012 22:30

Ryan - The tailings require government approval - this ultimately could coincide with the upgrade of resources estimates which have been pretty good so far.

I do remember BMR Ryan - It was Techteon - Echo cancellation.

Fell to 0.25-0.30p - and then essentially over time up to 11p and back down -


As a hedge though - Tungsten is in great shortages - No new production on the near horizon which represents a real opportunity here.

[ryan83] 06/6/2012 22:22

tomboy, ive heard of processing tailings and near term cash flow before - BMR. After two years only just got the licence and yet to confirm offtake agreements etc.

Do CSH have the required licences etc?

[tomboyb] 06/6/2012 22:16

CSH in shares mag - talked bout

Resource upgrade

processing tungsten tailings - immediate cashflow positive - 3-4mill Euro profit for 3 years from an initial outlay of 1.2mill Euros - used to restart la parrilla mine.

This excludes the recent assets acquired and wrt all others represents the nearest term production versus peers.

[tomboyb] 06/6/2012 13:49

5.2mill at 0.398p -

From the extract above Buffets Tuingsten project -

Tungsten is an industrial metal used in electronics, car parts, weapons, golf clubs and light bulb filaments. Although in the past China's overproduction of tungsten caused prices to plummet, dropping down to $38 per 10 kilograms in 1994, China's change in strategy has more recently boosted prices, to $450 per 10 kilogram, a 12-fold increase over the last 18 years. The Gangwon government thinks this is just the beginning.#


The Gangwon government thinks this is just the beginning.

[tomboyb] 06/6/2012 12:42

Rich in Minerals, the Gangwon Region
It may not be a gold-mine but apparently Warren Buffet thinks Korea's Tungsten mines are looking pretty good.
A company in which Buffet holds a majority stake, the multinational IMC signed a Memorandum of Understanding in April with the Korean government to acquire shares and mining rights in the Sangdong mines, in Yeongwol in the Gangwon Province. IMC is not the first foreign company to express an interest.

JUN 06, 2012

[flashheart] 03/6/2012 19:58

Another loser......yawnnnnn.

[domtheone] 03/6/2012 19:11

17

Time to trap a few more numpties in another false rise.

[tomboyb] 01/6/2012 16:21

csh - could be nearest term production of Tungsten versus its peers - Buffets betting on Wolfe -