Cosigo Resources Ltd V.CSG.H

Alternate Symbol(s): COSRF

Metals & Mining Industrial Metals & Minerals

Cosigo Resources Ltd. is a Canada-based junior exploration company. The principal business of the Company is the acquisition of interests in mineral applications and in mineral exploration licenses in Colombia and Brazil, South America. The Company is exploring for gold and lithium deposits. The Company has title to an area of approximately 10,000 hectares (ha) in the Taraira North, Vaupes Province of Colombia and has focused its efforts on an area referred to as the Machado Project. The Company also holds a 100% interest in the Willow Creek property, located in the northern sierras of Nevada near Winnemucca, a 100% interest in the Damian property in the Cordillera region of Colombia, and owns 13.26% of DHK Diamonds Inc., a company exploring for diamonds in the DO27 region of the NorthWest Territories of Canada. The Damian property is located in the Damian area, province of Cauca, Colombia.

TSXV:CSG.H - Post by User

Cosigo Resources Ltd

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Comment by MontyHighon Jan 21, 2009 11:21am

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Post# 15718345

RE: Compare with CGC

I agree that CGC is comparable to CSG and I own both.

I agree that CSG is undervalued relative to CGC, but not as much as you claim.

CGC is at 50K oz/year and is ramping up to 70k oz/year for 2009. When their next NI43-101 comes out in Feb it should permit ramping up to 100K oz/year later.

CSG has risk in that it is still ramping up, needs some financing to continue the ramp-up.

I like both and compare them to Minefinders (MFL.TO) and find them both way undervalued.

MontyHigh

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