Yep the same old same old no wonder they are back in the gutter this mob.
The Managing Director has continually stated that Corazon are not a Mining Company and are predominately just an Exploration Company, well why have they continued down the track of Mining Studies for a non viable project in Lynn Lake that is spread over 5 or 6 different deposits they have been there for over 12 years and still have nothing viable that would return value to shareholders all they have acheived is fantastic lifestyles at the expense of a fairy tale story dreamt up by the MD 12 years ago, they are becoming a farce wanting investors to believe the bsheet they continue with.
Many moons ago when Blackstone and Colonel Klink got involved in Corazon I stated it maybe the start of Corazon moving into the territory of selling out shareholders to tge above, we know Colonel Klink is heavily involved with Blackstone and together with Blackstone a move could be on the cards, maybe the Fox of Corazon has been organising these Mining Studies for them and if the results are favorable to the costs factors then its very possible Blackstone and the Colonel will move on Corazon and as previuosly mentioned the board of directors of Corazon will sell you out at a drop of a hat they are again burning through cash reserves and will certainly need to dilute shareholders not to far down the track to continue their lifestyles, the company has three projects they have to fund and they cannot get one off the ground an tge reason for that has already been stated by the MD that wily fox as some like to call him Corazon are predominately a Exploration Company and nothing more, thats the best way imo to keep up a fantastic lifestyle as they have successfully done for over 12 years now.
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Yep the same old same old no wonder they are back in the gutter...
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