CZN 0.00% 0.6¢ corazon mining limited

Ann: South Pipe target drilling approved, page-6

  1. 4,010 Posts.
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    With all due respect but after drilling the first round of holes the company has mentioned tipping there won't be a whole lot of cash left over, so if that is the case and from a perspective of raising easier to put out the fluffy Ann before any results are released is a smart move if one thinks a little bit more about it, cause if the drill results come back with another zip result let's be honest who's going to fall into the rinse an spin over again, therefore the Company imho is playing the carrot dangling game to suit the likely outcomes if it turns into dog too and if not, an the results are the concrete evidence required the market will rapidly change and they then would still have plenty of cash regardless to keep the rinse and spin going imho of course.
 
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