Taylor refreshes Cosigo Resources buy Jay Taylor, in the May 16, 2013, edition of Gold, Energy & Tech Stocks, refreshes his buy of Cosigo Resources Ltd., recently 20.5 cents. Mr. Taylor said buy four times from June 18, 2010, to Dec. 20, 2012, at prices ranging from 11 to 25 cents (the stock rolled back 1 for 3 in April, 2011). Assuming a $1,000 investment for each buy, the $4,000 position is now worth $3,559. Cosigo has received approval from the Colombian Ministry of Environment for a 42-hole drill program at its Machado project on the Taraira gold belt. It will have three months to complete the program. Mr. Taylor learned about this stock in 2010, when it was exciting. Unfortunately the company took too long to receive drill permits, and poor gold market conditions have not helped its share price. The good news is you may now renew your enthusiasm for Cosigo. The Taraira gold belt is geologically similar to the Witwatersrand deposit in South Africa, which has produced 40 per cent of the world's gold mined within the last century. The Machado ridge, being 50 kilometres long, one kilometre wide and 100 metres high, could host a massive, world-class gold deposit. Rock sampling results from Machado include 30 grams per tonne gold.