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 MLEMCon Dec 21, 2010 5:55pm

300 Views

Post# 17878911

RE: RE: RE: RE: investmenents and downside potenti

Thanks for the sane response.   And this is essentially my thought process at this juncture.   Perhaps it just year-end analysis of the 'ole portfolio that brought this on, not sure.

lets say new was to be had Jan 5th:

if news is negative mid 40s is a reasonable guess and probably within hours of market opening.
if new is positive I'm thinking I can add to my portfolio at a minimal premium maybe 75 cents maximum?

I do the math on that risk reward and I don't like what comes up.

I'm hoping there's a flaw in my logic.

thanks again Luker.

John

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