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Corazon Mining Ltd T.CZN


Primary Symbol: CRZNF

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

Bullboard Posts
Comment by johnathamiltonon Apr 28, 2018 9:50pm
137 Views
Post# 27955058

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Consolidation!

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Consolidation!Wow! I never considered that I would be taken with such seriousness! I'm sorry about your problems.

Like anyone who posts here, we are all responsible for our own investments - and just because I was very optimistic about this stock a long time ago, doesn't make me "a long time pumper". I've posted little about this stock for years - so your anger at me is unjustified.

Like many who have invested in this stock, we've learned over the years that CZN's management have largely been unable to bring this mine into production and that this situation is unlikely to change in the near future. As a result of this failure, the financial situation has degraded significantly to the point that upcoming debt obligations will likely lead to further shareholder dilution or even loss of the assets to the lenders. 

Based on this assessment, I've sold off my shares at an 80% loss and am moving on. I won't be posting again unless I find some reason to invest.

For anyone who is interested, I would recommend that you read the posting of other investors. I've been followoing Taylor Dart (pseudonym?), Sven Carlin and "Fun Trading" on SeekingAlpha. While no one is perfect, different opinions and strategies are worth learning about and that knowledge helps each of us to become better and more successful investors.
Bullboard Posts