Chart CZN, page-2

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prawn_man

2,902 Posts.

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05/02/21

19:41

Post #: 50752030
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Originally posted by prawn_man: ↑

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.

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Sorry, the JORC is 115,000 tons of Ni, not 1115,000 tons (I wish). My apologies amigos.

CZN Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $2.369M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$60	30K

Buyers (Bids)

No.	Vol.	Price($)
8	15907315	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	32424993	25

View Market Depth

No.	Vol.	Price($)
8	15907315	0.002
29	84409999	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	32424993	25
0.004	11537368	11
0.005	500000	1
0.006	350000	1
0.007	429999	2

Last trade - 09.59am 22/07/2025 (20 minute delay)

CZN (ASX) Chart

Chart CZN, page-2

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Chart CZN, page-2

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