CZN corazon mining limited

Ann: Miriam Nickel Project Acquisition, page-7

  1. 2,902 Posts.
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    Y4 as soon as I read the announcement, I thought you would love it. The nickel bulls in Western Australia are stampeding at the moment, and some of them have been fattened by companies like Chalice (CHN) which has grown its shareprice from about 20 cents to about $7:00, in a year! These bulls work on the bulldust principle - money is like manure and you have to spread it around in order grow the grass. Even if 3 out of 4 juniors don't live up to expectations, the bulls do well. They just move on to the next green pasture. Corazon could be an attractive proposition for them. It has at Lake Lynn a JORC of 115,000 tons of nickel in massive sulfides plus copper and cobalt (with an inground value of $2 billion). It has surface deposits for an open-pit start-up plus good metallurgy. The drilling in August is targeting the down hole conductors. I have to admit, that I am sucked in, but I guess you knew that already. Also the two scout holes at Mt Gilmore in NSW should have been completed by now and assays may be reported in about one month. Corazon is a little Aussie battler with a market cap of only $8 mil. There are plenty of other barking dogs with market caps of around $50 to $150 million - and some don't even have a JORC yet! Good luck amigo.
 
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