CSG Journal

 February 15, 2012
Questions -- Questions -- Questions

 Fellow shareholders... allow me to introduce myself. My name is Barry Holmes and on February 1st, 2012, I joined Cosigo Resources Ltd. as Vice President, Corporate Development. A brief bio of myself is available in the February 6th Cosigo news release.

I think it is great to see a public exploration company with a communication tool like the 'Journal'. There are so many exciting things going on in the background of an exploration program, things that usually remain unmentioned. Naturally, we are not talking about any "Material Disclosure", just the routine work as an exploration program evolves. The daily routines are soon taken for granted by those in the field, but it is different for those sitting behind a computer at home or in the office ... well, we nowadays have the technology to enable you, our shareholders, to share in the progress, and experience the adventures. The Journal is a tool that will allow shareholders to vicariously participate in the adventure of the exploration program, and Cosigo is pleased to share this dynamic process with you. I firmly believe that shareholders -- who basically have chosen to become partners with us in this venture -- will enjoy and appreciate this exciting journey as we move forward step by step.

I would also like to thank all of you that sent me congratulatory messages on my career move.

I'd like to try and answer one of your repeated questions: "Why would I leave an exciting senior management job in the helicopter industry, with a great company that operated over forty helicopters, where we were transporting all kinds of materials and equipment, moving geologists and prospectors, slinging drills and core boxes for some of the biggest exploration projects in the industry? Not to mention the thrill of fighting forest fires, flying heli-skiers and working on seismic projects looking for oil and gas." Well, the answer is quite simple -- but I'll get to that later.

First, allow me to explain. This post is admittedly a little outside of the normal 'Journal' format, but I want to create a dialogue between us that helps everyone understand the unique aspects of how Cosigo got to this point in its evolution as compared to the more normal process of staking claims in a prospective area and then setting out in search of a discovery. As part of the process, I want to make sure that you feel comfortable in communicating with me -- as that is one of the primary reasons I took this position with Cosigo.

So here is my question for you... and to find the answer you will need to go to the Cosigo homepage and open the 'Corporate Presentation'. I challenge you to:

Find two items in the Corporate Presentation, which explain what is unique about Cosigo's Machado property in comparison to most other exploration projects.

I'll give you a couple of clues:
1 -- it has to do with the way the tenure was acquired,
2 -- why did the Colombian government offer up the Machado tenure in this way?

Once you have completed your research, feel free to phone me or email me with your findings. If you find the right answers, you will understand why I made this significant career change.

If the answers still elude you after reviewing the Corporate Presentation, then please call or email me and I'll walk you through it. The two key points are subtle and I had mostly overlooked them myself until I went through the company orientation on Feb 1-2-3.

View this as a challenge to your research, analysis and due diligence skills. Hopefully, it will also help me to communicate effectively with all of you in the future. The most important thing to me -- and what I want to share with you -- is that the answers to my questions are fundamental to understanding the potential value of the company in the future.

I'll post a response shortly with my answers.


Barry Holmes
VP Corporate Development
Telephone: +1-604-515-5970
Toll Free: 1-877-866-8688 (North America)
Email: bholmes@cosigo.com

You can view the Next CSG Journal item: Tue Mar 27, 2012, Answers... and a bit more.

You can view the Previous CSG Journal item: Mon Dec 12, 2011, Mo' Gold

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