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.

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Corazon Mining Ltd > buying at the lows

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Comment by sammy1023on Mar 21, 2019 1:00pm

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Post# 29517890

RE:RE:RE:RE:buying at the lows

Everyone plays the guessing game, please start using their numbers, the actual figures. Net present value after taxes of the 15 year mine is around $300 million. You are going to sell the company for $400 million so you can get $300 million back, and have to wait 15 years to get that $300 million back? The saleable value of this company is far, far less than any $400 million. And before all of you start clamoring about how metals prices "could" rise more than their estimates, I agree, but those increases will be netted by increases in expenses, also not in their figures.

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