Cosigo Resources Ltd V.CSG.H

Future Trades

[longrider1964]

To the boys that love to rant they could run the ship better I say Trade the stock if you want, in and out, and make lots of money I commend your trading abitlity but at the end of the day both of us will own the shares and make lots of money u will just maybe have more than me but at the end of the day investing is about long term returns. I have been in this ride 3 years come November and it has been trying for sure! But at the end of the day I was willing to park a large sum of money into what was a micro cap at the time because I believed in the long term potential of this deal. Long term means 5 years to me so I have 2 to go before I can really judge this investment. I am averaged in at 80 cents and am betting in another 2 years csg will be much higher. Even if we stay independent and grow to 100,000 ounces by 2011 our share price will be at least 3 dollars! Thats about 300% over 5 years and u make money long term that way. But I applaud the guys that can expand a position thru day trading. Kudos to u but is it any reason to slag the very investment u r playing? Its tradable yes, so go for it, but is it long term a dog, please! Citigroup and AIG (plus infinite more so called blue chips) are far worse investments. The overall markets are about to drop again as this "bear" continues to claw. But it will only boost golds appeal in my opinion and gold equities will quickly recover and march ever higher as the big money shifts over. Could u do far better trading the stock successfully, sure, but I have a day business and this is a passive investment for me. I sleep at night knowing the company continues to grow each day and that ultimately the money will flow long into the future! JMO

As  far as merger candidates go here are another two that could easily afford a nice premium to us and still see a great one for their shareholders. Gammon, yes the very company that went after Capital! They were prepared to pay 20 million shares trading at @ $9 for Capital Thats about 180 million or 90cents a share. We are at least 2/3rd there size so the same valuation formula applied to us used in that deal would value us at 120 million. Based on their size and numbers, 200,000  ozs/year and 170 million revenue, us at 50-55,000 would be about 1/4 their size. They have a MKT CAP of $875 million so we are worth $220 million to them so they can afford to pay us $100 million  minimum and still make a nice return for themselves. Thats a $1.25 a share and great upside potential. Count me in. The same with Minefinders Corp.  MKT CAP of $550 million and about 3 times our size (50 versus 140,000) yet worth 12 times as much! So we represent at least $180 million to them so they could pay $100 and still make a nice return. Same $1.25 per share and upside potential and again count me in! Just my thoughts

Longrider