CZN 16.7% 0.5¢ corazon mining limited

Ann: Drilling underway at Lynn Lake, page-3

  1. 3,877 Posts.
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    There you go absolutely proves that the company had no money to drill...just announced a sell off and with that behind them or the cash coming in from the sale they have given themselves breathing space to continue...as @zubric stated it maybe the smartest thing these fwits have ever done given they were in the REDZONE Cash wise as they need to pay the drilling teams upfront guessing around 300 to 350k for a couple of holes so they would have been borderline with the amount left in the tin tank an ASIC would have been all over them as the holding threshold would have been breached.

    And we just seen a mini pump and dump on this dog so tipping a few traders are playing games but in the end it will retreat to whence it came as it does especially if history is repeated which is usually the case... wonder if they will stiff holders again an maybe stop the drilling again then do CR only to find zip or just more very low grade levels...wouldnt put it past them....History.wink.png
 
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