Amigo, maybe you rolled off the wrong side of the bed this morning. The past is the past, and as a result of the compnay's spend of shareholders funds, Corazon now has a JORC-compliant resource at Lynn Lake of 116,000 tons of class 1 nickel in sulphides, with copper and cobalt credits. The in-ground value of the ore is at least US$3 billion (ie 116,000 x US$25,000 plus credits). The re-start of mining will cost about $200 million CAPEX. Please show me another junior explorer with such a large JORC and a market cap of only $9 million with cash of about $3 million? Development of the asset at Lynn Lake is a slow and boring process for shareholders, so we all get a bit cranky from time to time. However, the mining studies are coming to a head very soon - this little dog will have its day, IMO. Also at Miriam, Corazon is about to start its maiden drilling programs for nickel and lithium. In 1969 Anaconda discoverd Miriam and got intercepts of 9m at 5% nickel in disseminated Komatiite-hosted nickel sulfide. So I have high expectations, supported by the recent geophysical survey by Corazon. And just for my two bobs worth, if Corazon hits it big at Miriam, I'm voting for a shareholder get together at Coolgardie. Miriam is near to Coolgardie, so we could meet there and visit Miriam to toast its success. I'd love to see it. (Also, Kambalda and Kalgoorlie are a stones throw away.)
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