Corazon Mining Ltd T.CZN

RE:RE:RE:RE:RE:RE:RE:RE:RE:News flash Hazelton on crazy pills !

[minedriller]

Agree a silver stream is the way for NorZinc. Always was. It cuts through all the excuses and gets it moving straightaway. No piecemeal loan for the WR and no loan to buy door handles or cupcakes or whatever. There is zero excuse not to use a SilverStream for 100% of the mine build NOW. If it all goes south they will answer that question I can guarantee you. 

Yes and that's .025 at 1 for 1. That's a good.

(1) If the mine is used for collateral then all stakeholders are invested knowing that 40 years of work to get trucks rolling has to be a world first. If not, then it's highly and certainly unusual to wait this long. I'd say the probability of default is less 1%. That's a good.

(2) It's not the zinc it's the silver. The market doesn't give a flying f$rt about the zinc. Anyway it was profitable at $1.10 zinc at 1600 tpd it will be more profitable at 2400 tpd with a lower zinc price if it happens. Again, it's not the zinc that will get the share price moving. 

(3) Boliden begs to differ. Continuously and consistently. In the latest MOU they actually agreed to extend the "existing MOU" until June 2023. It is a safe "gamble" that there's a pattern developing there, that says they're interested in their stake of the very profitable pie. That's a good.

Again there should be no problem with getting a deal for funding as the grades suggest the wealth just needs to be unlocked. It's in black and white. It was proved in 2017 and will be proved again. It is not a case of negotiating at a disadvantage (it never was). We hold the aces here and the only real worry should be what price they get for the silver. That is, it. That is all it ever was with the market and one of the reasons it never trusted the last shower of wasters. Why would you want a deal if you can tap shareholders to keep the gravy train on the tracks ? The price of the silver for stream was always the "worry" but that pales into insignificance of course as the career a$$holes Kearney et al were the real problem not the fact there was no interest. Those individuals should never have been in charge of running a bath never mind a mine with one of the highest grades on the planet.