CZN 0.00% 0.4¢ corazon mining limited

Ann: Quarterly Activities Report, page-8

  1. 4,040 Posts.
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    Have to disagree with your assumptions of the Resource your wording indicates that they have a Measured Resource of 27.7MT, whereby in actual fact the Measured Resource of Lynn Lake is only 5.5MT which is a long way off from the 27.7MT your post alludes to, this is the very reason those who continue to spruik they have over 3 billion dollars in resources are totally wrong as the remaining 22.2MT are only Indicated and Inferred and until they shore up the Measured Resource from the indicated/inferred to MEASURED its only guesstimate's of the Resources and the 3 billion dollars is just fluff and nothing more, maybe the company can update the Resource of Lynn Lake one day but they havent done so for many a year for very good reasons, and its probably why Lynn Lake is not viable to mine its just a feed stock given its Measured Resource for others, that could be Blackstone if and when they are ready or in a position for a TO, as imho Corazon are not competent enough to create value for shareholders and in 12 years its so clear even blind Freddy can see it, although there are plenty wearing Rose Coloured Glasses who cannot.cool.png
 
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