Howdy mode1971,
I would think it was very strange that a country such as Canada would sell off an entire mining area with such a huge resource if it's proven to be viable as yet it's not, given they have been mining there for donkey years, Canada has some of the best Geologists in the world I would be asking how a little minnow like Corazon was sold such a huge Mining Development Area for next to nothing giving the expertise of Canada's mining industry.
Then I would read through the company's past find as much information available on all directors what companies they were previously with how the companies were run such as track records and stability of the company and who else they maybe connected with like finance institutions, why would you do this unfortunately many directors in speck stocks become accustomed to a luxury lifestyle so gaining as much info possible is paramount.
After gaining as much info about the company including past performances if any I would then look at the announcements regarding the drilling whilst the latest round seems to be positive and heading in the right direction recent announcements regarding drilling and core samples are not yet confirmed and are not enough to get involved as yet and given this company's current share price I would be sitting back waiting for those results before jumping in if the results prove positive then I would buy in no problems whatever the price as the hype would start to gain momentum and the fomo then you could see some good gains moving forward.
The above is something I never did 9 years ago unfortunately, and the uprampers are attacking off the back of facts being presented which tgey dont like and yes I have lost substantial amounts by not doing the research necessary back then now it's a different story, I am not worried about my losses at this point have made plenty not here and that's were the uprampers get lost in it I have nothing to lose they have plenty.
One tip and it's from a well known investor, "Be fearful when others are greedy and greedy when others are fearful"
Warren Buffet
all the above is of course imho please dyor and Gltalth
(20min delay)