Macquarie Research Initiates Coverage of CSI

MICHAEL GRAY, Macquarie Research (03/03/2011)
"Serra Pelada Au/Pt/Pd deposit like no other system. . .ultra-high grades for both gold and PGMs; production expected in H212; excellent exploration upside with expanded land position; consolidation opportunity—very few situations worldwide where explorers have majority control of a high-grade precious metal deposit with: 1.) +2 Moz. quality resource potential; 2.) Significant land positions; and 3.) good infrastructure.

We are initiating coverage of Colossus with an Outperform recommendation and a 12-month target price of CAD$14."

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