Corazon Mining Ltd T.CZN

Speculation

[bilaroo]

Laphroig: your numbers are interesting. Doesn't look like much has changed over the years. It is a rich deposit though and imho richer than we know. Let me speculate: the optimization study is complete. Alan Taylor and others and going over it in fine detail. There will be meetings with the writers of the study. Then a press release. Will this have an affect on share price? Maybe a little. Do they know how they will finance this thing? I don't think so. One can only hope that the study will show that much less money will be needed and that will attract financing. I don't see a takeover in the cards: reason being that it is current management that everyone knows and loves at the local level. It would be very difficult for a new kid on the block to waltz in and garner the necessary trust and support. I also believe that the permit conditions are onerous and will be difficult to maintain. Those two reasons imho are the biggest obstacles to raising financing. Does current management want to go it alone? I don't think so, but they might have to. They might have to stay on as the general contractor to keep local support and sub contract the development and operation of the mine. At least until it is up and running and they can prove it can be done safely and efficiently. The White Knight we are all waiting for? Zinc deficit translates to much higher prices. Silver price gets to high 20's and stays there. Miner's return to favour and costs come down. Not much to ask eh? At least a couple of years away from production, but the ball could and should start rolling this fall and share price to follow, once a definitive plan is announced. Just my speculation, sitting in the sun, finally. Been a long winter. Hoping to spend the next one sitting in the sun somewhere down south. Cheers and GLTA