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Colossus Minerals Inc COLUF

Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.


GREY:COLUF - Post by User

Bullboard Posts
Post by vwigon Apr 28, 2010 11:18am
477 Views
Post# 17039525

CSI playing this smartly.

CSI playing this smartly.To date, management has been very good at playing this chess game.

Delivery of the permits should be followed by drill results.

The timing of the the new land acquisition was well played and I can only hope that the same rich ore is present for continuation of a value added resource that will make this deposit even richer.

Kudos to Ari for making it this far. There are a lot of fund managers and big players that simply waved this one off due to their thoughts that this could not become a mine.  Chances are that now Ari may pull this one off indeed. That will have turned a few heads and will bode well for his future ventures.

To date, this has been a very good company for my personal well-being, but I expect it to become even more interesting once we start seeing more drill results come in.  If it is Ari's intent to sell this one off as opposed to mining it themselves, then I hope that he will be as cunning on his timing as he was in the past, so that the value obtained will be optimized for shareholders.

I'm indeed quite content with what is happening here to date and how it has been handled.


cheers,


vwig.
Bullboard Posts