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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 Feb 22, 2009 12:20pm
168 Views
Post# 15796184

RE: RE: Northern Miner

RE: RE: Northern MinerAs i have stated before , we may see some results come in as soon as the second week of march, as the lab that these guys use in brazil for gold assays is no longer as overwhelmed as it was. They have moved onto hole number three at this point and may add up to a 4th drill as many driling rigs are sitting idle looking for contracts so the costs will be lower than before. The thing about their phase 1 drilling platinum numbers is that ari now believes they should be sent to the australian lab which specializes in the platinum as they had used the brazillian lab which at this point is showing a lower grade than the adverage just announced recently. These guys are doing alot of study work in regards to the old cvrd drill cores and have realized that the appears to be a complete pgm sub-zone and their belief was proven in phase one as they picked up this pgm sub-zone in spd# 2 and ari believes that this zone may be alot larger than originally thought. As for all the coverage that csi has been recieving and target prices being thrown around , I believe that they are all on the low side and ibelieve this is because no one wants to be wrong so you will see them move their targets up as additional info comes to light . I am on board with some of the other posters here , we do not want this just to rocket to the moon! we have seen what may have been the potencial breakout gap fill and yes we may hold this 1.90- 2.10 level for a short period as some are dumping stock to pay for the piece of financing they recieved, which is fine by me as you all can see there has been buyers for that stock. Once all the paperwork is signed , which is right around the pdac , this stock may start to show you what you new was coming all along!
Good times in the near future for the longs!
Bullboard Posts