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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

Comment by JohnnyBurnetteon Aug 02, 2021 6:11pm
73 Views
Post# 33640567

RE:RE:RE:RE:RE:No replies from Investor relations

RE:RE:RE:RE:RE:No replies from Investor relations

So I'm guessing that's a "Yes", you would rather the prospectus fail. Which would entail either bankruptcy, (which could be a good thing if other entities became interested) or a loan to be defaulted on which would lead to immediate lost of all resources.

The only benefit I could possibly see is that Canadian law would require a third party valuation of corporate resources before allowing RCF to make such a loan. But we all know they've already made just loans in the past and haven't had to jump through such hoops.

So, I just don't get what it is you're after.  You're frustrated, you've lost a trainload of money and you're worried about losing a few pennies more.  I formed a position at $0.07 per share and doubled down at sub %0.05 -- making me one of those retail investors you say don't exist. I'd say the ONLY thing I'm worried about is corporation slipping into bankruptcy. I am confident that I will earn a very hefty return on my investment unless that happens. Then again, I didn't purchase shares at $0.80 ten years ago.

https://businesslawtoday.org/2017/11/canadian-ma-activity-continues-to-grow-as-securities-regulators-remain-focused-on-protecting-minority-shareholder/



 

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