The Gold Report mentions Colossus MineralsTMR: .....Tell us about more companies with near-term catalysts.
JA:Colossus Minerals Inc.'s (CSI:TSX; COLUF:OTCQX) Serra Pelada project is expected to go into production by the end of the year, but it hasn't announced an initial resource estimate. That may be because it's a historically producing mine, but it really needs to make that announcement as soon as it can. It will definitely help it or hurt it.
TMR: Colossus recently did a $33 million equity financing, underwritten by a group of brokerage houses. Did that have an impact on the share price?
JA: The share price is still only $0.74/share. If it had the resource estimate, it probably would have gotten a better share price.
https://www.theaureport.com/pub/na/15503?utm_source=delivra&utm_medium=email&utm_campaign=TMR+Final+streetwise-reports+08%2F06%2F2013+13%3A24%3A54
I guess I'm more conservative than most of the investors here. I will be VERY glad when they release something official on the resource estimate. Even though I highly respect him, the trust in the CEO only goes so far.