CZN corazon mining limited

General Discussion, page-46

  1. 2,902 Posts.
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    Amigos, let's take breather in order to put some perspective into the situation. Cycles come and go with stocks. Currently the fall in commodity prices confronts almost all junior explorers at the moment. The shareprices and market caps of many junior explorers have fallen dramatically, even for outstanding junior explorers. It doesn't matter whether they are exploring for lithium, rare earths, nickel and even gold explorers. China's problems with its collapsing housing market is even causing the iron ore price to fall about 50 %. Corazon is battening down the hatches so that it doesn't disappear like many other juniors have in recent years. It has a large JORC resource and the mining studies for the restart of Lynn Lake are to be announced later this quarter - it could settle nerves. And by the way, if you think your finances have been hit hard by falling stock prices, just think of OneTel in 2001. It was the fourth largest telecommunication company in Australia when it went into bankruptcy with debts of $350 million. Shareholders lost everything. It affected even savvy investors - Lachlan Murdoch and James Packer lost $1 billion. Back to junior explorers, for whatever your stock, we are around the bottom of the cycle I guess, and remember the old truism: "be fearful when others are greedy and be greedy when others are fearful".
 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.553M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $26.47K 8.826M

Buyers (Bids)

No. Vol. Price($)
30 71623070 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 23266138 8
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Last trade - 10.13am 07/08/2025 (20 minute delay) ?
CZN (ASX) Chart
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