Colombian

[Tackler]

I see they had a great run in 05-06, I think right at the moment are a shell. I wonder if Taylor knew this deal was coming?...

Taylor comments on Horseshoe Gold

2011-01-26 19:40 ET - In the News

Jay Taylor in the Jan. 17, 2011, edition of Gold, Energy & Tech Stocks comments on Horseshoe Gold Mining Inc., currently 19.5 cents. Mr. Taylor said buy on June 18, 2010, at 13 cents. An investment of $1,000 would now be worth $1,499. The TSX Venture Exchange halted trading in Horseshoe's shares in October, 2010, pending acceptance of documentation on a change of business or reverse takeover. Horseshoe is arranging a reverse takeover with Cosigo Resources Inc. It plans to consolidate its shares and change its name to Cosigo Resources Ltd. Mr. Taylor estimates that the new Cosigo will have 105 million outstanding shares, 40 per cent of which will be held by shareholders from the Horseshoe side. Cosigo owns the 9,973-hectare Machado property in the Taraira gold belt in Colombia. Mr. Taylor says this property can turn into a very exciting exploration play. He expects Horseshoe to resume trading this month, release "good exploration information" and then prove to shareholders that it is worth the wait. The newsletter writer reminds readers that illiquidity is not uncommon in the junior resource sector. This brief comment is a response to an inquiry from a subscriber of the newsletter.