Chart CZN

OK amigos, time for a chart of Corazon (CZN). It may look boringly flat, but a couple of weeks ago Corazon completed its consolidation - converting 20 old shares to 1 new share. The market cap has remained around $10 million and the charts show the shareprice, after adjustment for the consolidation, is in a slightly bullish trend. The chart below shows the Parabolic SAR is going in the right direction, and daily trading has picked up since the consolidatiion. For those who haven't been following this stock, we are waiting on the start of a drilling program which should begin any day now. CZN is focused on its nickel sulfide tenements at Lynn Lake & Fraser Lake in Canada. For the geologists, the orebodies are massive nickel-copper-cobalt sulfide, which are just right for the EV revolution. The existing JORC resource is 1115,000 tons of nickel at Lynn Lake (a brown fields mining camp) but that doesn't include the results of the 2019-2020 drilling which found long intercepts of high grade ore at shallow depths (eg 30 m at 2% Ni). The drilling campaign this month will be targeting new targets at Fraser Lake (a greenfield project) 5km from Lynn Lake. The drilling targets were discovered as a result of a state-of-the-art geophysics survey that was carried out over Frase Lake (and Lynn Lake) in late 2020. It got the Chairman, Terry Streeter pretty excited (he's a well-known "nickel bull" from Western Australia). Well that's about it from this end. Good luck.