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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 stalwart1on May 17, 2010 10:49pm
584 Views
Post# 17107907

first to say?

first to say?I am not sure if someone has already made this point or not but i will make it anyway. In my opinion the move for ari to join another company at this point only tells me he would like to continue in the minning industry after csi is sold and better to get your foot in the door a little bit early than late. One of my brockers is pretty excited about ari's new venture right now , but i have yet to really do any dd on it, so i won't comment.
I am still trying to figure out why we still have no assays????? I know it was protocol to get all the logistics done and such, but we have not seen new assays since september and people and the market want to see the numbers. Drills are being mobilized to the new site to trace the mineralization while using historical drill holes as a guide ( which should make it alot easier) and a auger drill will drill large underground holes to test the full extent of the cmz  ( which should help us come up with an original property 43-101. My honest guess at this point is we will trade to 10.50 0r 11.25 and then a buy out at 14.00 and this chapter will close.
Bullboard Posts