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skypilot2005 (< 20)

Colossus Minerals Inc.

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September 11, 2011 – Comments (26) | RELATED TICKERS: COLUF

Collossus Minerals

 

coluf & coluf.pk

 

Colossus is a Canadian-based exploration and development company. Their  primary focus is to advance the Serra Pelada project, located in Para, Brazil, into production. Serra Pelada is host to one of the highest grade gold and platinum group metals deposits in the world.

 

I learned about this one from Speedybure

 

I’ll follow it here and provide timely updates.

 

I’ve provided some web links relative to the history of Serra Pelada, below.

 

 

26 Comments – Post Your Own

#1) On September 11, 2011 at 11:46 AM, skypilot2005 (< 20) wrote:

Looking For Colossal Returns: Colossus Minerals

http://caps.fool.com/Blogs/ViewBlog.aspx?t=01004136043043786352

 

 

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#2) On September 11, 2011 at 11:47 AM, skypilot2005 (< 20) wrote:

http://www.sprott.com/Fund1.aspx?id=23

Jue30, 2011 Sprott Gold and Precious Metal Fund owned it.   #7 of top 10 holdings

http://www.theaureport.com/pub/na/6457

Interview of Charles Oliver Sprott Asset Management

http://www.time.com/time/magazine/article/0,9171,924406,00.html

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#3) On September 11, 2011 at 11:49 AM, skypilot2005 (< 20) wrote:

http://www.time.com/time/magazine/article/0,9171,924406,00.html

BRAZIL: The Treasure of Serra Pelada

Monday, Sept. 08, 1980

Read more: http://www.time.com/time/magazine/article/0,9171,924406,00.html#ixzz1Xe9DjSe4

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#4) On September 11, 2011 at 11:50 AM, skypilot2005 (< 20) wrote:

http://en.wikipedia.org/wiki/Serra_Pelada

 

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#5) On September 11, 2011 at 11:51 AM, skypilot2005 (< 20) wrote:

http://econgeol.geoscienceworld.org/cgi/content/abstract/97/5/1127

The Serra Pelada Au-Pd-Pt Deposit, CarajásMineral Province, Northern Brazil: Reconnaissance Mineralogy and Chemistryof Very High Grade Palladian Gold Mineralization

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#6) On September 11, 2011 at 11:52 AM, skypilot2005 (< 20) wrote:

http://www.mineweb.com/mineweb/view/mineweb/en/page103118?oid=125798&sn=Detail Colossus hits behemoth gold-PGM intercept in Brazil

Colossus Minerals' latest drill results for its Serra Pelada project include a cut 7.3 metres @ 1,494.7 g/t gold, 516.6 g/t platinum and 558.9 g/t palladium in hole 99

Author: Kip Keen
Posted:  Tuesday , 26 Apr 2011

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#7) On September 11, 2011 at 11:53 AM, skypilot2005 (< 20) wrote:

September 7, 2011

Toronto, Ontario, September 7, 2011 - Colossus Minerals Inc. (the "Company" or "Colossus") (TSX: CSI) is pleased to announce additional assay results from the 25,000 metre surface drilling program at its 75% owned Serra Pelada Gold-Platinum-Palladium Project. The Serra Pelada Project is a Colossus-COOMIGASP Joint Venture located in Para, Brazil.

http://www.colossusminerals.com/investors/news_releases/index.php?&content_id=155

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#8) On September 11, 2011 at 12:16 PM, skypilot2005 (< 20) wrote:

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=142

 

Colossus Minerals Drills 7.81 metres at 136.43 g/t gold, 249.20 g/t platinum and 121.40 g/t palladium in Extensions of Central Mineralized Zone at Serra Pelada, Brazil
March 24, 2011

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#9) On September 11, 2011 at 12:17 PM, skypilot2005 (< 20) wrote:

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=143

 

Toronto, Ontario, April 26, 2011 – Colossus Minerals Inc. (the “Company” or “Colossus”) (TSX: CSI) is pleased to announce additional assay results from the 25,000 metre surface drilling program at the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP Joint Venture located in Para State, Brazil.

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#10) On September 11, 2011 at 12:18 PM, skypilot2005 (< 20) wrote:

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=143

 

Toronto, Ontario, April 26, 2011 – Colossus Minerals Inc. (the “Company” or “Colossus”) (TSX: CSI) is pleased to announce additional assay results from the 25,000 metre surface drilling program at the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP Joint Venture located in Para State, Brazil.

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#11) On September 11, 2011 at 12:19 PM, skypilot2005 (< 20) wrote:

Colossus Minerals Appoints Antenor Silva and Mel Leiderman to its Board of Directors


August 2, 2011

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=152

**

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=147

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#12) On September 11, 2011 at 12:21 PM, skypilot2005 (< 20) wrote:

http://www.mineweb.com/mineweb/view/mineweb/en/page103118?oid=125798&sn=Detail Colossus hits behemoth gold-PGM intercept in Brazil

Colossus Minerals' latest drill results for its Serra Pelada project include a cut 7.3 metres @ 1,494.7 g/t gold, 516.6 g/t platinum and 558.9 g/t palladium in hole 99

Author: Kip Keen
Posted:  Tuesday , 26 Apr 2011

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#13) On September 11, 2011 at 1:41 PM, MegaShort (99.95) wrote:

http://colossusminerals.com/_resources/financials/Q2_June_30_2011_FS.pdf

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#14) On September 11, 2011 at 6:12 PM, skypilot2005 (< 20) wrote:

MegaShort,

 

Thanks, for the "link".

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#15) On September 11, 2011 at 6:14 PM, skypilot2005 (< 20) wrote:

http://public-company.blogme.ws/2011/09/02/serra-pelada-colossus-minerals-flagship-commencing-manufacture-year-2012/

Serra Pelada Colossus Minerals\ ‘ flagship, before commencing manufacture year 2012

 

September 2, 2011

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#16) On September 11, 2011 at 6:15 PM, skypilot2005 (< 20) wrote:

http://www.theenergyreport.com/cs/user/print/co/597

 

 

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#17) On September 12, 2011 at 11:19 AM, skypilot2005 (< 20) wrote:

4 Values In Gold And Silver Miners

9/12/11

http://seekingalpha.com/article/292956-4-values-in-gold-and-silver-miners?source=yahoo

 

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#18) On September 22, 2011 at 7:15 PM, mhy729 (40.88) wrote:

FYI for any [potential] US investors in Colossus (COLUF on pink sheets):

http://colossusminerals.com/_resources/2010_PFIC_Statement.pdf 

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#19) On September 22, 2011 at 7:29 PM, mhy729 (40.88) wrote:

I should add that the PFIC designation makes this kind of a pain (same with CEF - Central Fund of Canada) because tax prep software like TurboTax do not support the IRS forms required, forcing you to give up on electronic filing.  Yeah, I hate the IRS and its arcane tax regulations.

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#20) On October 21, 2011 at 6:24 AM, skypilot2005 (< 20) wrote:

http://www.colossusminerals.com/investors/news_releases/2011/index.php?&content_id=158

 10/13/11

 Colossus Minerals Inc. Announces CAD$75,000,000 Bought Deal

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#21) On November 15, 2011 at 6:46 PM, walion (< 20) wrote:

Skypilot, what is your current take on Atna Resources?  Also, has Sinch written or looked into them?.  Thanks, in advance. 

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#22) On November 27, 2011 at 7:32 AM, skypilot2005 (< 20) wrote:

http://www.colossusminerals.com/_resources/news/nr_2011_11_14.pdf

 

Colossus Minerals Discovers Extensive Anomalies at Serra Pelada From Soil Geochemistry and

Auger Drilling (including 124.78 g/t gold, 6.52 g/t platinum and 7.67 g/t palladium over 1.5 metres)

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#23) On November 27, 2011 at 7:43 AM, skypilot2005 (< 20) wrote:

#21) "On November 15, 2011 at 6:46 PM, walion (< 20) wrote:

Skypilot, what is your current take on Atna Resources?  Also, has Sinch written or looked into them?.  Thanks, in advance. "

I recently purchased some shares of Atna.  I learned about them thru Speedybure.

Sinch I believe still owns them, too.  I don't recall him reporting on them, recently.

Sprott Resource Lending just lent them some funds to buy the Pinson Property.

Sprott Asset Management has owned shares, too.

http://investors.morningstar.com/ownership/shareholders-major.html?t=ATNAF

 

Fool On.

 Sky Pilot

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#24) On December 18, 2011 at 7:49 AM, skypilot2005 (< 20) wrote:

http://colossusminerals.com/investors/news_releases/index.php?&content_id=164

Colossus Minerals Updates Development Progress at Serra Pelada

Toronto, Ontario, December 5, 2011

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#25) On December 18, 2011 at 7:50 AM, skypilot2005 (< 20) wrote:

http://colossusminerals.com/_resources/news/nr_20111215.pdf

Colossus Minerals extends high grade subzones in the CMZ and expands the GT Zone at Serra Pelada

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#26) On December 18, 2011 at 9:05 AM, skypilot2005 (< 20) wrote:

 http://www.theaureport.com/pub/co/597#quote

 The Gold Report Interview with Michael Gray (12/16/11) "Colossus Minerals Inc.' 75%-owned Serra Pelada Au-Pt-Pd project, in Para State, Brazil, is one of the highest-grade precious metal deposits on the planet. We conducted a site visit to Serra Pelada in mid-October. On metallurgy, the flow sheet for a conventional gravity recovery plant appears to be in place and would recover about 95% of the gold. Construction for that gravity plant is scheduled to start this quarter. For platinum and palladium metallurgy, the company has been working on the optimal flow sheet, which may involve calcining to burn off the carbon. This metallurgical work is still in progress and will rely on the evaluation of the bulk sample to be collected in the second half of 2012. We're currently modeling 65% recovery of the platinum and palladium.

There have been a number of [management] changes starting with, most recently, Ari Sussman becoming chairman of the board. He was the chief executive of two companies and now he's focused just on Continental Gold Ltd. Claudio Mancuso was the chief financial officer and now is the chief executive. He will be able to focus all his energies on leading the company. . .Colossus has hired Paulo de Tarso Serpa Fagundes as its new COO, who previously worked with Yamana as the general manager for its Mercedes Mine in Mexico. . .Having been on the ground in mid-October, it was a chance for us to meet the entire team and gain an appreciation for its skill set and ability to work together. We were satisfied that the current team is prepared for the challenges that lie ahead associated with the project."

Ron Stewart, Dundee Securities (12/15/11) "Colossus Minerals Inc. released the results from 14 drill holes recently completed on the 75%-owned Serra Pelada project in Brazil; the results, specifically those from the Central Mineralized Zone, reinforce our view that there is considerable metal in the rock at Serra Pelada; the distribution of metal in the intercepts themselves suggest to us that the Serra Pelada deposit is composed of structurally controlled, bonanza grade shear zones surrounded by a low(ish) grade, alteration halo. We remain confident that Colossus will be able to profitably mine these structures and recover the majority of the gold, platinum and palladium."

Ron Stewart, Dundee Securities (12/5/11) "Colossus Minerals Inc. provided a development update from the company's 75%-owned Serra Pelada project in Brazil; highlights included an update on excavation of the underground decline, ongoing progress in establishing project infrastructure and metallurgical testing focused on gravity gold recoveries. We believe significant exploration potential remains to be unearthed. . .Colossus also noted that it plans to commence processing plant construction in Q112 with engineering studies well-advanced and orders for long-lead time items already made. . .using core samples with variable ore grades ranging 12.7–16 g/t Au, gravity test results returned ~77% to ~88% recoveries."

The Gold Report Interview with Thom Calandra (11/16/11) "I have great respect for Ari Sussman in Toronto, who is running Colossus Minerals Inc. He's very active in Colombia. He's in his late 30s, but he's all business. He knows more about mining finance than anyone I know his age."

Nicholas Campbell, Canaccord Genuity (11/15/11) "We maintain our Speculative Buy recommendation on the shares of Colossus Minerals Inc. with a target price of CA$13.50, up from CA$13.25. . .the company provided an update on geochemical and auger drilling for the extended land package of the Serra Pelada project [containing gold-platinum-palladium]. . .73 samples had over 1 ppm (peaking at 21.9 ppm). . .auger samples were taken in the Elefante region, including headline results of 124 g/t gold, 6.52 g/t platinum and 7.67 g/t palladium over 1.5m."

 

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