Amigos, Corazon is at an important stage and it is worth reflecting on the benefit of about 10 years of exploration. Below is a chart from Brent Cook - it shows the pattern of how the shareprice of the average junior explorer can change over time. As you probably know, Corazon has a JORC-compliant resource of 115,000 tons of nickel plus copper & cobalt in the brownfield mining camp of Lynn Lake, so it has had some increases and decreases in its shareprice over the years but the fact is, its shareprice is at its lowest level and it has been bumping along the bottom for a few years. However Corazon is currently exploring a larger nearby greenfield area at Fraser Lake. The geophysical survey in 2020 indicates that Corazon could be drilling into large deposits of massive nickel-copper-cobalt sulfide. Within the next month or so, shareholders will hear progressive results. The chart shows that the announcement of discoveries is when the shareprice of a junior explorer is likely to accelerate fastest. Good luck all.
CZN Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
