Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Colossus Minerals Inc COLUF

Consumer Cyclical Healthcare Metals & Mining Biotechnology Gold
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

Colossus Minerals Inc
Bullboard Posts
User Avatar Image
(0)
•••
Comment by GoldSilverbug77on Aug 03, 2013 8:56am
431 Views
Post# 21648163

RE:RE:RE:RE:I am pro-Bump....

RE:RE:RE:RE:I am pro-Bump....You have mentioned facts and reality of the current mining industry. What pisses me off is not having contingency (basics of project management) to cover unknown. As mine development is so complex which warrants  a need for a decent contingency.

on top of this Colossus has a monthly pay out for its 75% till the first pour. 

Late water issue has costed issuance of minimum 66 Million ( Not considering the 15% additional ). I am not hoping or saying it iwll but say some thing unexpected  comes up during the de-watering or mine development, will they be able to handle it to some degree?

If the answer is unknown or no, my captial is at risk. I will be comfortable buying this up once i know for fact that the company is ready to start generating revenue.  In my opinion with the last two equity issuance, i suspect the company is walking on a tight thin rope.

GSB



 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities