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 Czicfwillgetermiton Jan 05, 2013 2:22pm

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Post# 20801772

RE: RE: RE: Why so cheap?

I like your enthusiasm but not sure how this mine will get built without dilution, partners or onerous financing. The only fnancing I have seen for juniors is onerous and it will be ugly in my view. We have a nice asset here and my rose colored glasses turn foggy with the prospect of debt. I hope I am wrong and banks are falling over themselves to finance this mine for cheap but I wont hold my breath. So for me that leaves selling or partnering and a SP that I think is conservative in that scenario. For me its around 2 bucks plus or minus. Good Luck

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