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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 stalwart1on Jul 20, 2012 12:40pm
320 Views
Post# 20135815

RE: RE: RE: RE: RE: RE: RE: Bulk Sample, etc.

RE: RE: RE: RE: RE: RE: RE: Bulk Sample, etc.

the point i was trying to mmake was two fold. One at this time we are fully funded to go into production but if we do a 43-101 and have to pay the royalty out then we may not have enough in the till to get this up and running thus meaning a low priced financing and dillution. Second, if csi was to put out a 43-101 we may very well get a buyout offer at 8 or so dollars and many would jump ship even though this would be a major discount to the true value of this project.

Bullboard Posts