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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 naeden99on Mar 21, 2014 10:03pm
656 Views
Post# 22354834

RE:New Share Structure

RE:New Share StructureThe shares that are trading as COLUF are still the 'old' shares.   There are 10 bn 'old' shares outstanding after the proposal.  This 0.09 price implies a value of $900 mm - completely bogus. Someone is trying to create a run on a small amount of buying.  If I could sell my shares at these prices I would. 

Please no one buy the shares at $0.09.  This is just a public service notice - I'm not trying to bash the stock here - I own a bunch of shares through debt holdings, I would love if it was really worth this much.
Bullboard Posts