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Colossus Minerals Inc COLUF

Consumer Cyclical Healthcare Metals & Mining Biotechnology Gold
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 MiningMonsteron Dec 10, 2013 10:52pm
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Post# 21992743

RE:RE:3.5 Million

RE:RE:3.5 Millionno. dont know if people are trying to deceive about the interest payments or just dont do their diligence but:

says right in the indenture the payment can be made in shares and one would assume that will happen for the december payment. no cash requirement for this payment gives them time to sort finances.

no payment can be demanded sandstorm until 48 months after contract or 2016.

its all public information and hopefully no one is taking these misleading posts for face value. 




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