Colossus Minerals Inc. (COLUF)

[gsfl]

Jamie Spratt, Clarus Securities (3/7/12) "Our recent site visit confirms that Colossus Minerals Inc. is on track with development at its flagship Serra Pelada project in Brazil; while on site we met with operational/geological management in Brazil, reviewed development progress and looked at promising exploration prospects. Overall, we conclude that our expectation of commercial production in H213 is achievable with development continuing to be on track at the project; we reiterate our Speculative Buy rating with our recently increased target price of $14 per share."