Cosigo Resources Ltd V.CSG.H

when to fold

[longrider1964]

Well I would say that the rest of 2009 will be a growth stage and not stellar when it comes to numeric dazzling. They are working toward getting Castillo humming but that won't show up in the financials until Q1,2 of next year. I would guess 4-5cents per share (excluding foreign exchange loss, can't hammer on my own dollar going up!) and 20 cents for the year. Should get us to $2 a share and I will be happy and continue to hold and make money. The question is do I sell now and try and get back in sometime in December? The traders would scream yes but the unknown is do we get hunted? Like i said before the bigger fish are on the prowl using their higher p/e inflated shares as currency to buy us on the cheap. If we sell en masse and drive the price down then when they do take a shot they will merely have to offer the same premium on a lower stock value. They LOVE watching us give up and move on! But i will keep my ownership stake as I know its long term value. At 100,000 ounces for ten years once we r up and running u could see cash flow for that period of $6 per share based on present gold price, What is done with that to generate share holder value is the KEY, as i paid 80cents for that $6 almost 3 years ago and if it is deployed wisely i should see a very nice multiple on my investment if not it would be a huge waste of time and money! So lets hope the "boys" (all of them, TA & MP et al) play nice in the sandbox and concentrate on gettin this horse runnin so we can win a few derbies.
LOngrider