CZN 0.00% 0.6¢ corazon mining limited

News: CZN Corazon Mining Says Shareholders Approved Consolidation Of Co's Capital Structure At..., page-9

  1. 2,435 Posts.
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    I'm interested to hear who you think might do a better job @bruham?

    BS has done all he can with the technology available in the past, has embraced the new geological mapping tools at his disposal, and we have some very promising drilling targets to aim at now. Who knows where not to drill better than him?!!

    Terry Streeter has a proven track record of turning tiddlers like CZN into billion dollar companies. He has all the contacts in the industry and few know nickel better than him.

    If the next round of drilling comes back negative, I think that's the end of exploration at Lynn and Fraser Lakes. It would simply be uneconomic to do wildcat drilling all over the place at shareholders' expense.

    Fortunes can turn on a sixpence in this game.

    There are only 17 sellers showing in the depth, and less than $72,000 would wipe this all the way to 10c.

    With everything we know, this is better odds than red or black down the casino!

    P.S. "(Bit like falling off a .003 metre cliff or off a .06 metre cliff, WHAT WILL HURT THE MOST ?)."

    Nice analogy, except the 4c cliff is the same as 0.2c cliff which held for years as rock bottom. That's the floor here.
    Last edited by mrplough: 27/01/21
 
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