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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 rexfrancison Nov 25, 2013 9:37pm
306 Views
Post# 21940565

kingdaddymack...

kingdaddymack...
To be as clear as possible...
After the last update was released, some posters were suggesting that CSI's priority should be to process the bulk sample. I asked Ann if there were any immediate plans in this regard & the answer was "no". There was NO other discussion re timeline for the bulk sample specifically beyond the very short -term.
The Company's priority at the moment is securing the financing it will need to move forward & remain a "going concern".  There are prospects re financing...but nothing is definite yet.
Financing needs to be arranged in the next few weeks. I would be looking for guidance on all other matters once the financial viability of the Company is secure.
Bullboard Posts

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