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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 Czicfwillgetermiton May 11, 2018 11:03pm
114 Views
Post# 28021559

RE:RE:Sell it

RE:RE:Sell itAs a former shareholder who got stopped out in jan after about a week or so that for sale ship may have passed.   The market cap of this turd most likely will be in 5-10 million range after another year or so of dilution.   They chose to spend100’s of millions on salaries, moose dating sites, fugi nonsense and other bad choices.   What they never figured out was how to partner with locals.  Offering jobs was always a nonsensical prop for a mine that may or may not get built.  Looking back I bet offering them up to a 20%  stake and rev sharing when milestones were met would have been equity well spent.

Only skyrocketing ore makes this mine viable now.   How much more dilution just to keep lights on is anyones guess.   Sell the moose farm and save a dilution or two is a good start.   Make locals real partners or its game over.  Brass has no problem working for shareholders or stakholders, all pays the same.   Good luck
Bullboard Posts