GREY:COLUF - Post by User
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BBXon Oct 14, 2010 8:22am
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Globe says go for big profits with CSI
Globe says go for big profits with CSIGlobe says go for big profits with Colossus Minerals
Ticker Symbol:C:CSI
Globe says go for big profits with Colossus Minerals
Colossus Minerals Inc (C:CSI)
Shares Issued 85,724,371
Last Close10/12/2010 $8.47
Thursday October 14 2010 - In the News
The Globe and Mail reports in its Thursday, Oct. 14, editionthat Colossus Minerals jumped 17 cents to finish Wednesday on the Toronto StockExchange at $8.64. The Globe's Darcy Keith writes in the Eye On Equities columnthat Colossus Minerals stock has a 52-week range of $4 to $9.14. CanaccordGenuity analyst Nicholas Campbell says Colossus Minerals' Serra Pelada gold andplatinum project in Brazil is getting set to commence production in 2012. Mr.Campbell says Colossus Mineral has seen recent exploration success topotentially expand the resource. Mr. Campbell lifted his target price 60 centsto $11.60 and continues to recommend the stock as a "speculative buy." TheGlobe's Scott Adams figured Colossus Mineral was a buy in the Number Crunchercolumn on Feb. 4. The stock could then be bought for $4.51. The Globe's JohnHeinzl said Colossus Mineral had good momentum in the Number Cruncher column onNov. 25, 2009. The stock could then be had for $5.41. The stock was trading at$5.75 on Oct. 2, 2009, when the Eye column reported that Mr. Campbell saidColossus Minerals had "incredible drill results" at its Sierra Pelada project.Mr. Campbell rated the stock "buy," with a price target of $7.60.
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