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

Bullboard Posts

Comment by Czicfwillgetermiton Jan 05, 2013 1:02pm

186 Views

Post# 20801612

RE: Why so cheap?

In my view debt kills value with this project. I personally see a huge drag on earnings with any form of debt or dilution in the amount needed as SP killer. People think this debt will be cheap but I dont see it that way. All one has to do is look at off take agreements to see the trend to figure out their brutal terms. If CZN wants to proceed how about a nice compromise. Sell enough of the mine to get it built and not worry about the banker. Like I said I have no real idea how much this mine is worth with permits, I just point out 1.5-2.00 a share seems like a steal.Good Luck

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?