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 > News flash Hazelton on crazy pills !

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Comment by bilarooon Nov 07, 2021 12:34pm

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Post# 34097471

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

1) It's fairly clear how they want to finance it. That much hasn't really changed in years if you read back.
Hazelton says in the interview: $175-200 million in debt, $75-125 million in a silver stream, the remainder in equity. So what is equity? More shares or an ownership stake?

2) Zinc prices will remain high for a long time I think. That's the forecast. Biden's infrastructure bill will keep demand high and supply is already low.

3) The mercury is contained in the dry concentrate and won't even be an issue if there is a spill enroute as clean up would be easy. There won't be any cleanup on site. It's all paste and backfill.

I hope this alleviates some fear.

Here is a thought: if you read the CVs of the directors and management, they are all accountants and finance and M&A. Yes, M&A! What if they cut a winter trail this season? What if the updated feasibility study and increased throughput to 2400 tonnes a day is enough to tweak the interest of a real miner? Yes a real miner!

Maybe that's been the plan all along? Maybe a real miner is just waiting in the wings now that all the heavy lifting is done?

Or maybe I'm just dreaming?