Corazon Mining Ltd T.CZN

email from czn on gold eagle

[motowngold]

"Thank you for your inquiry. The $0.50 Private placement shares have been released from hold and people are taking profits. The private placements represent multiple parties, those being the clients of Haywood and MacFarlane holding in excess of 14 million shares. Those people can act independently and even against the advice of their brokers. The 14 million shares coming out of hold was anticipated to some degree by the market and it has been sliding. At some point the market will look at this supply of shares and measure it against what they might be worth in a year's time, or beyond. We are and plan to be very active on two fronts, advancing the project to final feasibility, and exploring and drilling the other known mineralized zones on the property. The Company is well-funded to carry out both functions with over $14 million in cash. The company has no debt whatsoever, and has recently acquired the mine royalties. Insider reports can be viewed at www.sedi.com I do not mean to dismiss your concerns, and please call me at anytime if you would like further information." John Kocela, Corporate Communications Canadian Zinc Corporation