Colossus Minerals : High Grade Noble Metals Projects in Brazil
A development-stage mining company focused on bringing into production the high-grade gold-platinum-palladium Serra Pelada project, located in the mineral prolific Carajas region in Para State, Brazil
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AGORACOM WIRE - FRIDAY MAY 25TH, 2012

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Message: what drives this stock?

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Re: what drives this stock?

posted on Mar 22, 11 03:14PM

This is a funny stock. There is an emotional aspect to it. I think the time horizon for the big move to production is 2012. This may be the bulk of the volatility (folks think they can get out, then get back in later). Since folks have been able to swing or momentum trade on this stock, they do.

What drives this stock higher at times? Hhigh grade gold, platiunum, palladium. They flat have a bunch, and are working on proving up more.

The uncertainty without an NI-43-101 certainly feeds the flames.

For me, as production nears, it will start climbing, and go for a while. Until then, it is the hands of the momentum traders.

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