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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 longterm99on Mar 08, 2013 2:12pm
430 Views
Post# 21101582

No Issues at mine

No Issues at mine

I spoke to my broker at great legnth about CSI. I've been in this since it was a private placement at 0.40 cents. He went down to visit the mine site himself (yes actually flew down there) about 3-4 weeks ago and toured the mine site. He also met with Claudio and all of the senior management at PDAC. He reported that there are no significant issues at the mine , 43-101 should be out by month end, share price is being hammered like most gold stocks.

With a market cap under $300mil the biggest worry I see is a someone taking a run at them, although there are few gold companies with the stomach and the share price to pull this of.

Just thought i would post what I was told. I'm in it for the long haul.

GLTA

Bullboard Posts