I am just starting to do some DD on this company and their Gold/Platinum/Palladium exploration project in Brazil. The thing that caught my eye were the astounding grades of some of their drill holes- an unusual example:
43 meters- 4,709 gr./ton AU + 204Gr./ton Platinum +1,174 gr./ton Palladium
The above drill hole results are not "new" news. I believe they came out in the summer of '08
Is anyone reading this board familiar with Colossus, and could you render an investment opinion?
For those unfamiliar (like me) here are some relevant links:
Company website- http://www.colossusminerals.com/
Promo piece: http://www.goldinvestingnews.com/1187/colossus-minerals-inc-steller-management-with-high-grade-results.html