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 junior_mineron May 07, 2009 2:44pm

570 Views

Post# 15975507

RE: RE: Preliminary Metallurgical Test Work Comple

Castle Gold reserves already surpass Capital Gold reserves

Capital: 913000 oz at $750/oz
Castle: 870000 oz at $700/oz

Add some infilling and include the transition zone.

btw,

I don't think anybody expected to recover anything from sulphide zone without mill. I take it very positive that the transition zone can be heap leached. Additional ozs without spending any capex.

Kingstreet1 is right. M&A committee is totally futile and detrimental to the company. Why would anyone pay decent premium of company that itself want to be bought out. Why would they want to sell before realizing company's full potential, and it takes only few 3-4 quarters.

M&A committee is BS and it must be dispersed immediately!

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