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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 speckyon Apr 10, 2010 3:36pm
628 Views
Post# 16978277

RE: Valuation change with permit?

RE: Valuation change with permit? In My Opinion,the permit will put this around $10.Once the results start flowing again $12-14 Dollars.I'm of the opinion that gold equivalent will be minimum of 8 million ounces once the company works out a 43-101.Blue Sky with new lands in company portfolio and an offer will come in around $20 . If no offer comes forth prior to the mine being put in place,the stock will be $40 when in operation.This is a cash cow that will immediately start  producing dividends and huge net profits.
   Either way is okay with me as a share swap works for me !
 I expect that we will soon start seeing wild swings of $2-$3 dollars on large volume ...much more volitilty than this company has seen which will not be for the faint of heart.
  Good luck to everyone and good fortune!

  Specky
Bullboard Posts