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Colt Resources Inc COLTF

Metals & Mining Industrial Metals & Minerals
Colt Resources Inc is an exploration company engaged in the acquisition, exploration, and development of mineral property interests in Portugal and Canada. The company is focused on its continued exploration and development of its gold and tungsten properties in Portugal. Its project consists of the Alvalade concession project, Boa Fe gold project, and Tabuaco tungsten project. It also owns an interest in the copper-zinc project in the Iberian Pyrite belt in Portugal. The company's other exploration licenses include borba exploration license, cercal exploration license, montemor-o-novo exploration concession, and the santo antonio experimental mining license.


GREY:COLTF - Post by User

Colt Resources Inc
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Comment by ruminatingon Jul 07, 2012 12:00am
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Post# 20091008

RE: RE: more positive news

RE: RE: more positive news

2 Tons of gold from Boa Fe ~ $100 million, less cost of production/yr. 

Like NTC the question is what is what are the costs going to be ... how much is left to build equity and contribute to shareholder value... but at least they could sell off some of their properties to fund activity on others. For NTC it's all or nothing, I think. Both have good upside, if management performs. 

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities