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Cosigo Resources Ltd V.CSG.H

Alternate Symbol(s):  COSRF

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

Bullboard Posts
Post by schoron Jun 05, 2013 10:31am
207 Views
Post# 21486677

Taylor refreshes Cosigo Resources buy

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.

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