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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 Sep 02, 2009 10:12am
132 Views
Post# 16270443

RE: Stalwart...thx for the update.

RE: Stalwart...thx for the update.Hi Toasted2,

Elina did not mention as to how deep they intended to drill under the pit. My guess would be as far as possible as they are drilling on an angle from shore. I also would assume that the current depth that she stated was from her last update and they were alot further along than she has been informed. It is very encouraging to know that there is another rig being set up that will be only used to drill the pit !  This to me would mean that they like what they see so far and want to punch as mny holes into the bottom as they can. I am waiting to find out when ari will return from brazil to get a more detailed idea of current operations and how they are feeling about the current pit program.
Bullboard Posts