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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
Comment by stalwart1on Jan 14, 2009 12:24am
351 Views
Post# 15702810

RE: RE: RE: spoke with the company

RE: RE: RE: spoke with the company

Hey there daddymack

As far as the warrants go the would probably be counted in the total outstanding share calculation in a buyout situation. As far as being concerned about the size of their drilling area you sir need not worry, the exsisting land package may not be huge in comparison to other explorer's but that is because they have already narrowed down the search area to only the mineralized zone, so it has proven that by purchasing the old drill cores from cvrd they have gained so much geological knowledge of the property which shows them now where to drill and not blindly which is saving them alot of money but also alot of money burning time!

Bullboard Posts