CZN 0.00% 0.6¢ corazon mining limited

Ann: Trading Halt, page-121

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  1. 204 Posts.
    lightbulb Created with Sketch. 149
    Here we go one of the best posts about
    No fluff just pure facts

    CZN today is capped at $8Miln, has $1.1Miln in cash, only $600K of debt.

    They own 100% of their Lynn Lake deposit, have a 100Kt JORC resource at depth and have begun to prove their model for shallow mineralisation.

    With $1.1Miln in the bank, they can do up to 10,000 metres of drilling over the next 6 months to build on the current JORC.

    Drill rig is on site and should commence drilling in this week or next.

    100% accurate and no speculation
    Read it on those merits and it is damn good value
    Wait till Terry announces the next drill program

    People will go wild for more drilling at Lynn Lake or Fraser Lake. Their geo model now can find the high grade stuff that was hiden under the halos before. Very exciting stuff.

 
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