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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 Oct 06, 2022 3:30pm
151 Views
Post# 35010321

RE:RE:RE:Majority of the minority is a requirement.

RE:RE:RE:Majority of the minority is a requirement.

Phoenix, if you believe there's a pending better offer, you'd be snapping up all the shares you could at the $0.03 price.

The thought experiment that explains why there's little chance of a silver knight swwoping in is to ask what price RCF would sell at: They have to have sunk costs of $0.25 or more at this point, and I doubt they plan on selling for a loss.  Who would pay a premium to get in bed with those folks as a minority shareholder??

Their play is takeover by bankruptcy, I think it has been their plans for several years.
 

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