CZN 11.1% 0.5¢ corazon mining limited

The last CR was priced at 0.25cpsAs of last quarterly they would...

  1. 3,367 Posts.
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    The last CR was priced at 0.25cps
    As of last quarterly they would have had $800,000 in bank so no requirement to rush and raise at 0.3cps
    Finally got around to reading the results this afternoon and couldn't be more pleased
    I tend to ignore day to day price fluctuations and focus on fundamentals
    For the first 2 holes and ending in grade this is a stand out result

    https://hotcopper.com.au/data/attachments/1930/1930227-43ea77b0314090bc444cb74970456b90.jpg

    I cant explain why other companies are worth $50mln or $100mln and CZN only $8mln. Only that time values all things accordingly eventually. This should rerate significantly. I have confidence that these results are not just 2 flukes. Generally if your first 2 holes intersect this sort of grade you have drilled the purple patch.Looking at the JORC resource CZN have at deeper depth this is a developing story. 7 holes all of this grade over 400m spacing would be an open pittable deposit. They could truck and treat this ore to local processing plants. I paid 0.4cps and it is still that after these results so who am I to claim to be an expert
 
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0.5¢
Change
0.001(11.1%)
Mkt cap ! $3.34M
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0.4¢ 0.5¢ 0.4¢ $32.57K 6.653M

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No. Vol. Price($)
2 752411 0.5¢
 

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Price($) Vol. No.
0.6¢ 4148550 7
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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