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.

OTCPK:CRZNF - Post by User

Corazon Mining Ltd

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Post by MLEMCon Feb 26, 2011 9:11am

615 Views

Post# 18198515

Huge supporter of CZN here..

I just think it's rise above the $1.00 was a bit fast and furious. I've sold out mostly at the highs of last week. I'm either buying back higher or below a $1.00, one of the 2.

My logic is that we won't see any permitting news until late summer or early fall. And we won't see the start of the drilling season until early June? And with those sort of timelines, and the general attention deficit disorder of the market and the possibility of some sort of unrealted market related malaize over the next few months, I'll set it out on CZN, but watching carefuly for re-entry.

Technicals suggest this is a bit over baked too I think ( not that I'm huge chart reader)

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