The Calandra Report: Cabo, Casinos and Colt Resources

Thom Calandra
0 Comments|May 6, 2014

SAL, Cabo Verde -- Reviewing a property developer's plans for casinos, hotels, extreme-sports facilities and an office building across the islands of this former Portuguese colony.
 
First thing, improve the connectivity on this string of volcanic islands, which sit well below the Canary Islands off the coast of West Africa's Senegal.
 
In the meantime, TCR family, we are still waiting on Bitterroot Resources (TSX:V.BTT, Stock Forum). I am, because of some of the hotshots on this real estate adventure, feeling ever more confident about our TCR 8 stake in Colt Resources (TSX:V.GTP, Stock Forum).
 
Yes, now that GTP shareholders own 38 percent of a Middle Eastern development unit headed by a former nickel mine executive, we have more than just tungsten and gold in Portugal to look at.
 
Colt shares at 30 cents or so Canadian are eminently buyable, and I purchased yet more last week. I expect news flow about a Portugal bankable feasibility study on at least one of Colt's properties.
 
Commodities this morning Cabo Verde time are holding their metals gains from Monday and the previous Friday.
 


Photo attached: the sugar cane thing on Sao Antonio island with Lucky Janda, a property investor from Vancouver, Canada.

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