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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 Apr 10, 2010 12:07pm
442 Views
Post# 16977858

RE: Valuation change with permit?

RE: Valuation change with permit?Woolco, being fully permitted will drive the stock to 9-9.50 in my opinion. The biggest thing that will happen at that time is, we will have a very large target on our back for a takeover as having full permits in place takes the risk out for a suitor. As for assays, from what i am hearing, there is about 16 holes sitting in the labs, with drilling continuing. Where the sp goes once the dril results start to come in.........thats up to the markets, but if they even closely resemble the previous drilling numbers, i could see 12 bucks in the next 2 months.
You can research historic drill core numbers on the company website.
Bullboard Posts