Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 stitch1956on May 16, 2013 6:09am
253 Views
Post# 21401717

RE: RE: RE: RE: UPDATE ...................

RE: RE: RE: RE: UPDATE ...................How do you account for the insider buying? This was quite substantial and quite recent. It is quite rare to see insiders buying out of the market as they are already loaded up on options. As well, it was not that long ago that Sandstorm forked over 75 million. It seems to me that they would not throw that type of money around without some exceptional due diligence. This is a unique project but there was helluva lot of data from the pit that supports the approach they have taken. Also, how can they know the grades, the nuggety nature of the ore body and the grades are why they went ahead and built the mine. That said, I thought the bulk sample had to be assayed in a secure environment and that was going on right now. They need to clarify that point immediately. Normally this sort of share action would suggest something is amiss or somebody knows something, however every company in the gold market looks the same. Its hard not to be emotional when the whole market looks like it is going to zero. >
Bullboard Posts