StockGuruCanada Trade Alert
Trade Alert – Colt Resources (TSX-V: GTP) – Up on Strong Early Volume – Up 5.45%
- Stock Appears to be challenging one month resistance levels with strong bid.
- In recent weeks, shares for Colt Resources have staged the start of a comeback from a sell off since the highs in the first half of this year.
LINK TO OUR PROFILE FOR COLT RESOURCES
LINK TO COLT RESOURCES WEB SITE
The StockGuruCanada Profile – Condensed:

Colt Resources Inc. (TSX-V: GTP) (OTCQX: COLTF) (FRA: P01) is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on gold and tungsten. It is currently focused on advanced stage exploration projects in Portugal, where it is the largest lease holder of mineral concessions in the country.
Colt has assembled the largest mineral lease portfolio including gold, tungsten and base metals in Portugal. Portugal has a long tradition of mining history and historically was a major source of the riches that financed the Roman Empire. Colt enjoys an excellent working relationship with the Portuguese Government and looks forward to the development of several mines in this EU member country.
Colt Resources Strong Investor Base
Management – 6%
HNW European – 25%
North American Retail – 35%
Asian Institution 5%
European Retail – 16%
Non-European Retail 13%
The Company operates two wholly-owned subsidiaries in Portugal:
Eurocolt Resources Unipessoal Lda. (“Eurocolt”)
Aurmont Resources Unipessoal Lda. (“Aurmont”)
Formal Ratification of Colt-AIOC Joint Venture
Colt-AIOC Joint Venture application for an Experimental Mining License on its 47 Km2 Boa Fé gold project has been ratified. Colt Resources has the equipment and experienced personnel on site.
Additionally, the Direcção-Geral de Energia e Geologia, a division of the Portuguese Ministry of Economy and Innovation, formally awarded the larger Montemor Gold Exploration License.
The Company has proceeded with the final payment of 125,000 Euros and the issuance of three million restricted shares increasing the ownership and control of the Boa Fé gold project from 51% to 100%.
The Montemor Gold Project and Montemor Regional Concession
The Montemor Gold Project and Montemor Regional Concession are located some 100 km east of the Lisbon, the capital city, near the towns of Montemor-o-Novo and Évora, in the Alentejo region of southern Portugal.
See FULL PROFILE at StockGuruCanada.com
Contact Colt Resources:
Nikolas Perrault
President & CEO
Colt Resources Inc.
Tel: +351916150926
Fax: +15146356100
info@coltresources.com
Declan Costelloe CEng,
Executive Vice President and COO
Colt Resources Inc.
Tel: (514) 317-6301
Fax: (514) 317-6302
info@coltresources.com
Renmark Financial Communications Inc.
Florence Liberski: fliberski@renmarkfinancial.com
Bettina Filippone: bfilippone@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com.
FORWARD-LOOKING STATEMENTS: This document does not constitute an offering document. Potential investors or shareholders should not rely on the information contained in this document before making an investment decision. Certain of the information contained in this presentation may contain “forward-looking information”. Forward-looking information and statements may include, among others, statements regarding the future plans, costs, objectives or performance of Colt Resources Inc. (the “Company”), or the assumptions underlying any of the foregoing. In this presentation, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. These risks, uncertainties and assumptions include, but are not limited to, those described under “Risk Factors” in the Company’s revised annual information form dated April 20, 2011 available on SEDAR at www.sedar.com and could cause actual events or results to differ materially from those projected in any forward-looking statements. The Company does not intend, nor does the Company undertake any obligation, to update or revise any forward-looking information or statements contained in this presentation to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.
SRK Consulting (U.S.) Inc. has been awarded a broad mandate to provide overall technical assistance to Colt in Portugal and will be producing several NI 43-101 compliant reports as projects progress (see: January 18, 2011 press release). Jeffrey Volk, MSc, CPG, FAusIMM, of SRK Consulting (U.S.) Inc., is the independent qualified person, as defined in NI 43-101, for Colt’s projects in Portugal.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or any content on this web site.
Colt Resources Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract with Colt Resources – (TSX-V: GTP) (OTCQX: COLTF) (FRA: P01). We hold not shares and will not be receiving any shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. We expect to be compensated up to ten thousand dollars for coverage. . In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises LLC – 1601 Berwick Drive – McKinney, Texas 75070 – (469) 252-3031.


