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.

OTCPK:CRZNF - Post by User

Corazon Mining Ltd

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Post by traxbywebon Nov 03, 2004 1:37pm

244 Views

Post# 8127959

Why the decline?

Looks as though 65 cents should be the bottom of this downturn. With warrants priced at 58 cents right up to 1.25 and with current cash reserves in good standing I don't see the need for immediate re-pricing or re-financing and a swing up should be any day. Silver is holding its own and so is base metal prices. Does anyone see us dipping much below these levels? if so why?

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