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Corazon Mining Ltd T.CZN


Primary Symbol: CRZNF

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.


OTCPK:CRZNF - Post by User

Bullboard Posts
Comment by gottagetgoldon Jan 03, 2011 3:26pm
289 Views
Post# 17919065

RE: RE: RE: RE: permit date;

RE: RE: RE: RE: permit date;Happy New Year to all,

I guess I am making the Bull case-The risks to the down side relate most directly to the upcoming decion in  regards to

Praire Creek that is all Known. What I argue is The 15% holdings CZN owns in FIJI which coupled with cash is appox.
45% (rough figure) of the companies value. Using companies guidense, production increases for the Fiji mine and $1400 dollar Gold and TSX listing ,the current S.P. of .66 cents for CZN is a bargin. I contend that continued success in Fiji will remove most if not all the risk of Praire Creek  in the near future. If the value of the Fijian assets rise.  I believe this will turn out to be a covered bet and investing in such manner.
Bullboard Posts