CZN 0.00% 0.6¢ corazon mining limited

Ann: AGM presentation, page-17

  1. 2,797 Posts.
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    Amigo, thank you for the heads up. It does sound interesting, and I have a lot of respect for Blackstone and its boss, Scott Williamson. It is a big move - sounds like an all up payment of about $80 million for the operation in Canada, but I may have miscalculated. Yes, it could give Corazon a help with off-take of its ore, but not sure how it would work. Corazon has been very quiet in the last few months with hardly a "price sensitive" announcement for 6 months (other than the quarterly reports). I don't know what to make of it. I have wondered whether the purchase of about 1% of the shares on issue by the Chair and new director could have delayed any major announcement (in order to preventing the optics of insider trading, but once again that is a guess). If you have shares in Blackstone, then good luck to you, @Sub1
 
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