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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 sweatmanon Jun 19, 2013 11:13am
188 Views
Post# 21542462

RE: RE: news

RE: RE: news

You realize of course the entire tech report process is a long one. And special care *must* be taken here as the Company intends to do a lot of the work themselves...ie, bulk tonnage sampling. Before a report can be sanctioned as honest and true, there must be independent monitoring throughout every step of the process. After all, we do not want another case of geo's falling out of helicopters, what?  Is it a good buy at these levels? I would think so. At least that has been my call all along after that bloated financing at such a high price.  What I am keeping an eye  on of course is the *growing* dissent in the streets of the Brazilian cities, along with the collapsing worth of the Real and the inflation rate.  We should be keeping our fingers crossed that the cash-strapped government does not get silly with the mining regulations. I doubt that they will, as any usurious cash-grab will send the wrong signal to the internation exploration and mining community. So, anything around this price...$1.40 (or so) could be considered a gift.

Bullboard Posts