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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 MiningMonsteron Nov 28, 2013 3:43pm
195 Views
Post# 21951008

RE:RE:RE:RE:RE:RE:RE:CSI wants to fill that gap....

RE:RE:RE:RE:RE:RE:RE:CSI wants to fill that gap....Surprised nobody has mentioned the notes, CSI.NT - limited to $25mn subordination by indenture, no dilution risk, ~27% yield PA at this price plus either 233% return on principle to maturity in 2 years or immediately if change of control. Hard to think of a scenario where note holders dont make off like bandits unless the equity is completely wiped out.

Very attractive here- IMO
Bullboard Posts