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

Bullboard Posts

Post by Studio10on Dec 28, 2013 11:10am

334 Views

Post# 22042057

My Two Cents

Hi, everyone,

Supposing that some form of dilution is inevitable, what is the share price at which dilution is expected to be done? I mean, it seems very unlikely that they will go for dilution at around 0.45, does not it?

Besides, the underway optimization program is perhaps going to lift the share price and bring more investors in. Dilution, if any, depends, at least in part, on the impact of the optimization program on the share price.

It is also very important to notice that gold and silver is expected to hit their absolute bottom in no more than 6 months if it has not been hit already, and that zinc and lead prices have already started to improve. This can change the equation too.

Cheers

Studio10

Bullboard Posts

The long-term forecast for lithium stocks in 2024