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0.6¢ corazon mining limited

Ann: South Pipe target drilling approved, page-4

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Rotichan

1,294 Posts.

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15/02/21

08:48

Post #: 50980045
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Originally posted by Y4ukikmycow: ↑

Or is it the fluffy announcement that continues to dangle the carrots just like they did when they stopped the drilling at Fraser 50 mtrs from the intended target to suck more into the cash cow, well they have been turning out fluffy Ann's for over 10 years to keep the doors open to the barn, so a few more leading up to the drilling results may just mean the CR is not to far away, restarting the rinse an spin once again but of course all that could change when they present concrete evidence of it being a viable proposition, until then the market will be the best guide and going off the past market analysis of Corazon buying in is fraught with danger until the concrete has been poured as the company's past is full of deep cracks and at this stage many other stocks in this sector are worth more of a punt than Corazon who's SP has remained stagnant for nearly 2 years as the market has suggested it would.

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They need cash at some stage soon to keep drilling so the question really is will they hit a decent target to see SP surge before raising? My thinking is they will be hoping so and will be giving it a damn good crack. High risk but could be huge reward if they can produce a new Massive Sulphide resource.

I am thinking they got enough to drill 3 holes so fingers crossed! GLA
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Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $4.007M

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