Q: appreciate your comments on this company
5i Research Answer:
We do not pay much attention to $20M market cap companies. COSA is looking for uranium and other metals in Sask. It has some cash, but no revenue, losses and negative cash flow. Insiders own 18%. It recently raised $6.5M, but we would expect more dilution over time. Its assets have potential, but it is many many years away from a mine, even if it can see good drilling/reserve results. We can't endorse it due to its high risk, and it should be consider essentially a lottery ticket at this time.