I don't believe that the bear market rally experienced over the last month esp. given the typical low volumes associated with the holiday season is any real reason to get excited. I certainly do not think the worst is over and I still maintain the DOW and TSX have a better than 50/50 chance of going to 4000 ish or less.

Since I remain convinced that the market is headed lower, despite how worthwhile this CSG is from an investment standpoint ... even the fact that it is producing gold and positive cash flow, it is not enough for it to potentially avoid a drop further.

Whether it does or doesn't I am in for the long term ... should it drop you can be sure I will be a buyer not a seller. The company does not have the cash reserves of another micro ... ORV ... whose market cap is currently about 50% of their cash on hand. Given I think gold has more upside than cash I do believe CSG is a better longer term hold.

In the meantime ... my opinion and position remains the same. If you wish to drive up the price please do .... doesn't hurt my feelings in the least and I very much doubt you will offend management either.

Orgy