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Gold/Mining/Energy : Cosigo Resources symbol CSG.v
CSG.V 0.0700-6.7%3:11 PM EST

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To: 3bar who wrote (266)12/1/2011 12:44:50 PM
From: falang  Read Replies (1) of 717
 
3bar,

Based on the grab samples, those barrels of soil, from the Taraira area and the talent level of CSG; I would venture to say that this spec play has a better than average chance of hitting. Now what is a better than average chance? In the explorer world it is truly speculative, but Dr. Joe Montgomery is not exactly a rookie geo and has seen many many ore hosting areas on this third rock from the sun and he has a very good vibe on the nuggent nature of this area's ore hosting characteristics and has mentioned the Witswaterrand(sp?) area of South Africa as sharing very similair geo DNA to Taraira area. These are just the musings of an amateur exploration home schooled investor. And yes this permitting process is dragging on, but I'm not all that surprised about that given the recent shake up in the mining authority world of Colombia. I mentioned this in a prior post that it's not going to happen quickly. I believe I mentioned the Feb/Mar time frame of 2012 and would be pleasantly surprised if it happens in that time frame.

falang
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