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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
Post by BebeRebozoon May 17, 2010 12:20pm
521 Views
Post# 17105816

Last of the AGM wishlist now done

Last of the AGM wishlist now doneSo Ari's checklist from the AGM is complete - good work!  I believe that is the first time I have actually seen a CEO of a junior company keep every promise he made to shareholders at an AGM.  At least in the timeframe that he promised anyway - usually you take what the CEO says he's going to do, in the timeframe he says he is going to do it in, and then add a year or two for "issues" that "cropped up after the fact".  I am sure almost no one thought Ari could deliver on time all of the items he said he would in February.  I just can't figure out why we aren't higher in price by now based on all that CSI has accomplished, but the general market probably has a lot to with it too.  In a hotter market, we'd be far north of $9 by now, I have no doubt.

So - we've had our press release for the week - so now what?  Another week of waiting for more news?  What do we get next?  An announcement of the mining development plan?  Metalurgy analysis?  I think there is one thing we are all hoping for - Ari to open the trunk of his AMC Pacer - but in this market, will awesome drill results even be enough to move us higher?  Who knows.  Gold is only at $1,230 an ounce right now you know - so why should that matter to anybody? :)

PS - man did the Habs serve up a stinker last night.  If they come back in Game 2 then everyone will say this is deja vu from the Pittsburgh series.  They better wake up fast.  It looks like the Habs are just happy with themselves that they knocked off two of the best teams, and now things should be a cakewalk against the Flyers.  Too bad - in the NHL playoffs, things are never easy.
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