Cosigo Resources Ltd V.CSG.H

RE:RE:The big question

[sal_bando]

I am hoping that the company can spin out the Brazil side just like EAS spun out Barisan Gold. Then they can work on the Brazil side until they get the full Forestry subtraction on the Machado ridge. The current shareholders of CSG should get shares in the Brazil project with an IPO funding the rest of the company's cash needs (again - something very similar to what happened with EAS). One lesson that I hope management has learnt is not to hand out cheap shares to investors (like they did with HSX). It is HSX people who can sell at these prices and still come out even. In fact, McInnes has probably been selling all the way down, then up, then down. I hope that he now has enough money to fund his retirement home. Sc*w him. As for all these charges that are currently being levelled against the company I have only this to say. The chief probably approached CSG and said "I don't want a park here - I would like to see some mining. What should I do?" CSG directed him to go see some lawyers. I am just speculating but something along these lines is probably what ocurred. As far as I am concerned the company should give up that land package that is now part of the park (Continental Gold did something like that). But in exchange they should get the full subtraction on Machado. These are times when management is tested. hopefully, Dennis can shut down the cash flow until we get more visibility regarding the permit. Yes, there will probably be some dilution - but hopefully not much. I believe there is gold on Machado - the company has not been able to find it. I think the permit was too restrictive and they shouldn't have drilled at all - but, on the other hand, there was a tremendous amount pf pressure on the company to drill. Lat us see what happens. I'm still holding because they have assets.