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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
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Comment by naeden99on Jun 20, 2014 11:41am
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Post# 22679806

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Is There No Shame!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Is There No Shame!I never said the mine was worthless.    Only the equity is worthless, which happened when no payment was made to the debt holders, at which point, the equity had no more rights.   An equity holder could have stepped up and made the payment if there was any value (above the claims held by the debt and sandstorm).  Corporate finance 101.
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Dealroom for high-potential pre-IPO opportunities