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Colt Resources Inc COLTF

Colt Resources Inc is an exploration company engaged in the acquisition, exploration, and development of mineral property interests in Portugal and Canada. The company is focused on its continued exploration and development of its gold and tungsten properties in Portugal. Its project consists of the Alvalade concession project, Boa Fe gold project, and Tabuaco tungsten project. It also owns an interest in the copper-zinc project in the Iberian Pyrite belt in Portugal. The company's other exploration licenses include borba exploration license, cercal exploration license, montemor-o-novo exploration concession, and the santo antonio experimental mining license.


GREY:COLTF - Post by User

Bullboard Posts
Comment by RiscTecon Apr 26, 2012 3:56am
179 Views
Post# 19837477

RE: Financing

RE: Financing

i do not believe the financing was really needed by Colt - it was more a way to attract some Investment banks and influential, local people to invest in Colt. These contacts will prove valuable in the next months...

Should break out soon - the gold project should have low production costs with all this near surface mineralization.

Bullboard Posts