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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 rgrowdenon Oct 18, 2018 8:32pm
130 Views
Post# 28831695

RE:Is CEO still buying?

RE:Is CEO still buying?

All the filings under SEDI are now using NZC as sign, Norzinc as company. CZN is history. Aside from some initial shares to new directors, no buys. The CEO hasn't bought since he hit the 3,900,000 share mark. This COULD mean he's not allowed to buy anymore because he has inside info regarding the financing,maybe a buyout in the works. Dunno. Maybe he just bought all he wanted to.

This stock still might hold some surprises. Maybe a buyout, maybe they'll sell the moose pasture, maybe they'll expand our known and indicated reserves, and maybe we the little guys will get f*cked over by the new team. Who knows? From what I can discern, the new guys are in no hurry to push this thing through. So. The mine has been in permitting limbo for the 12 years I've been a stockholder. I thought the new team would be chomping at the bit to open it, but they've already pushed  the roade back a year or so, and the opening is now projected to be in 2022. The euphoria I felt when the CEO made those buys has dissipated. I thougt they'd have had the financing in place, ready to go when the permit came through. Wrong. So from where I sit it looks like nothing much has changed. A buyout, with the sp being what it is, probably would make the CEO money, but most of us are in at above 0.50; probaly more than we'd get in a buyout. That's why I really want to see them increase our reserves.

I've been dead wrong about this stock every time. I figured 4 years when I bought until it opened. They're 8 years late, and they say another 4 years is needed. The sp is at its lowest sincce I made my first buy. I'm underwater by 80%, and it's my largest holding. I'm 68, and I REALLY don't want to hold it another 4 years, but I also don't see much choice. WE need a buyout, but first we need some publicity, some noise, some analysts following it. Things I had hoped the new people would quickly do. Wrong again. Same old, same old.

I'll post SEDI documants as they're posted.

Bullboard Posts