GREY:COLUF - Post by User
Post by
unlimited_awon Sep 01, 2012 4:53pm
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Post# 20296592
Colossus returns
Colossus returns With construction of the high grade gold, platinum and palladium mine at Serra Pelada well on its way, and gold getting ready for a new attempt to reach the $2,000 mark, shareholders of Colossus are in the driver seat. It is hard, if not impossible, to give a good and fair valuation to the shares, but with 75% of 250,000 ounces a year (1000tpd), produced at low cost and sold at current gold prices, we are definitely gonna see colossus returns in the years to come.