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Gold/Mining/Energy : Cosigo Resources symbol CSG.v
CSG.V 0.07500.0%Dec 22 2:38 PM EST

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From: 3bar9/30/2011 5:54:33 PM
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Called Cosigo today they were having a conference call so did not talk to Dennis . Called back and he was working on an " Information Circular " for AGM in Oct. that had to be in today . Will call back on Monday .

There is the nagging ? of the MMI Tests and very high readings . Supposing a co in Africa has a background reading of 1 with a RR of 50 how does it compare to Cosigo's ?

If Cosigo had a background of .01 and a RR of 100 , the ore depth/grade should be less than the African example . We do not know if we are comparing apples to apples . So as a historical # it may not be as significant as the high #s suggests . This is reason for some caution .

However 1. 15 streams all have placer Gold . This implies large .

2. Estimated grade of material taken by artisanal miners by Colombian Govt was 150 to 200 g/t . That is in the 5 to 6 oz/t range which should give you some big #s on an MMI test .

3. Magnus Hagland and Joe Montgomery are experienced , seems likely they would added a sense of balance to any goofy testing . What would they have gained other wise . Fool themselves ?

This MMI Geochemical Test can be fudged by some one willing to do it .

Cheers !
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