Colossus Minerals Inc (COLUF)

[tsl444]

sluice - yes, I hear you. As far as the bouncing up and down goes, apart from two corrections, the stock has been in a strong advance since bottoming at around forty cents. I bought the stock a couple of weeks ago after I finally got around to taking a closer look at the company. I had been given a heads up a couple of times on it but it took a while for me to react.

I think we are going to hear something relatively soon. On the daily chart, we've just been through six consecutive trading days where volume was greater than the daily average. We made a new 52 week closing high on volume and are now closing in on the all time high. That says to me that we could be trading in an area where there is no chart resistance when we get the next bit of news. So the $7 target on the cup and handle starts to look achievable over a relatively short span, potentially. And yeah, the numbers on the historical holes from SP are literally astounding.

tsl