CZN 0.00% 0.5¢ corazon mining limited

Ann: Lynn Lake exploration update, page-60

  1. 595 Posts.
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    the last time I am going to say it. if you aren't already invested in CZN your only option is to pay 33% higher than 0.3c at 0.4c. you then need someone willing to pay 25% higher than you at 0.5c just to exit. is it clunky and unattractive. the current CZN shareholders like it because they think 2 pips will make them 66%. they don't understand to move it those 2 pips could take $M's worth of volume. it took close to $700k of buying just to move it to 0.3c bid. If this was 3c then investors could enter at 3.1c which is only a 3% premium. You start momentum that way. shareholders think it over and consider speaking to your board.
    Last edited by DrZeusse: 27/10/20
 
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