The Investment Doctor
Long/short equity, value, debt, base metals

Colt Resources: Gold And Tungsten In Portugal


In this article I'll have a closer look at Colt Resources (OTCPK:COLTF) which aims to develop its Boa Fe gold project and Tabuaco tungsten project in Portugal. I will start with a background of the gold and tungsten project, and as the company has completed a Preliminary Economic Assessment (PEA) on both projects, I will have some fun with calculating the NPV's of those projects using different scenario's.

Thereafter I will discuss the main risks of an investment in Colt and how the capital expenditures of the projects might be financed. Before moving over to my investment thesis at the end of this article, I'll explain why the total package of management compensation is a red flag

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details