Analyst and Media CoverageMedia Coverage: Sprott Asset Management's Charles Oliver and Jamie Horvat highlights Colossus in recent interview with Streetwise ReportsJune 26, 2009 Mr. Oliver and Mr. Horvat’s Comments: TGR: One of the holdings that you have, Colossus Minerals Inc. (TSX:CSI), was never mentioned in your all-cap portfolio. CO: If you look at the Precious Metals Fund, one of the first acquisitions we made when we came over to Sprott was Colossus. I went to Eric [Sprott] and said I was buying it for the Precious Minerals Fund, and he was very interested in the story. So, if you go and look at the annual reports, you will see that we've been a big shareholder of Colossus. JH: Colossus is an example of what Charles touched on earlier—the very few and far between. A company that we could wrap our head around their geological setting, the historic database and holes being presented, the fact that it was a past producer, etc., and we could get a very good sense even before a 43-101 that this has a large potential of being a mine one day. To see the entire interview click here: http://www.theaureport.com/pub/na/2751 |
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