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Colossus Minerals Inc COLUF

Consumer Cyclical Healthcare Metals & Mining Biotechnology Industrial Metals & Minerals
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

Colossus Minerals Inc
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Comment by WeKnowEnergyon Dec 04, 2013 6:34pm
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Post# 21972099

RE:RE:Reverse split talk

RE:RE:Reverse split talkRidge, they can debt finance up to $25mn senior. The CSI.NT noteholders have protection against anything over 25. With Sandstorm in the talks there could be streaming in there.  Equity is almost a certainty but probably not as dilutive as expected if other means are combined to arrive at the total amount.

Disclosure: I've switched in to the notes, only because of my take on the comparable risk/reward to the equity. Both should do well when financing sorted and cooler heads prevail.

PS. Made a few bucks taking the opposing side of JD's trades for the last two weeks! The guy is cursed!

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Dealroom for high-potential pre-IPO opportunities