CZN 0.00% 0.5¢ corazon mining limited

Hi GoldenGrutsYes Vale are still sniffing around CZNNot sure if...

  1. 46 Posts.
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    Hi GoldenGruts
    Yes Vale are still sniffing around CZN
    Not sure if you guys follow the Manitoba news but Vale recently had manager change
    Gary Eyres is out and replaced by Franco Cazzola.
    Cazzola,was the manager of the Copper Cliff mine in Sudbury
    He is a bit of an industry legend in the copper and nickel space and much better fit than Eyres to move Vale forward
    I think the M&A discussions would be put on ice while this transition happens
    This should work in CZN favour
    Finish the next round of drilling at Lynn Lake and maybe Fraser Lake to prove double surface deposits
    Then deal with Cazzola who is a mining guy
    If I was advising CZN I would say make Vale wait. Do 2,000m or more into Lynn Lake and a few holes into Fraser then approach them later in the year. 2 successful drill campaigns will get them chomping at the bit.
    Cazzola is much more 'gungho' that Eyres, youll see.
 
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