Corazon Mining Ltd T.CZN

Primary Symbol: CRZNF

Metals & Mining Industrial Metals & Minerals

Corazon Mining Limited is an Australia-based mineral resource and exploration company. The Company is an explorer advancing the Lynn Lake Nickel-Copper-Cobalt Sulfide Project in Manitoba, Canada, as well as the Mt Gilmore cobalt-copper-gold (Mt Gilmore) and Miriam nickel Sulfide projects (Miriam) in Australia. The Lynn Lake Nickel-Copper-Cobalt Sulfide Project is a significant Class-1 nickel resource. The Mt Gilmore Project is located 35 kilometers from the city of Grafton in north-eastern New South Wales. The Company owns an 80% interest in Mt Gilmore. Mt Gilmore is focused on multiple rare, cobalt-rich sulfide deposits, similar to Cobalt Ridge. The Miriam comprises five Prospecting License applications (P15/6135 to P15/6139 inclusive) and is located approximately 10 kilometers south-southwest of Coolgardie on an ultramafic trend, which hosts Auroch Minerals’ Miriam and Nepean Nickel Deposits.

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Corazon Mining Ltd

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Comment by johnathamiltonon May 14, 2011 11:07am

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Post# 18576407

RE: CZN...

I wouldn't be so quick to criticize. The issue is that there is a real risk that development money is going to be harder to come by in the next 12 months, so why not get 90 cents for it instead of 60 cents? My guess is that we are going to see a drop in price as the next slow down occurs. Obama has to do something to solve the US fiscal crisis and he can't print any more money without serious consequences to the USD - so I think we will see some hard financial choices coming forward in the future and this will affect the availability of investment dollars for projects like this... and perhaps depress the gold and silver valuations for a while.

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