Yes @Y4ukikmycow and @vigilante3 you are both correct, and I appreciate your comments. Dilution is happenning and it will continue until Corazon hits the massive metal sulphides, and it has been a long drought since the last bull run on Corazon's shares. The market cap is now only A$10 million with 300 million shares on issue. But to give Brett "The Fox" Smith due credit, he has persisted and gained two things at Lynn Lake. 1) A very substantial claim over the whole of a nickel sulphide mining camp with a JORC-compliant resource of in excess of US$3 billion, with many prospects not drilled enough to be included yet. 2) He has been like a dog with a bone trying to hit the next discovery of massive metal sulphides. He discovered EL Deeps in about 2017, but left it because it was deep and too difficult to drill from surface. It will be a significant orebody, but mining of the remains of the rich EL prospect at surface by open cut will clear the way for making EL Deeps a substantial JORC-compliant resource. And of course we know of the 20 diamond drill holes into the Fraser Lake prospect.Unfortuntely the Fox hasn't hit the target, but inch by inch and step by step eventually he will hit the target, IMO. We can all LOL at the folly of us investors urging a junior explorer, like Corazon, make the discovery. It is only with hindsight that we see whether we chose wisely. Only time will tell now. IMO guts and patience will win in the end. Also, now the German tank, driven by Wilhiem Klink, has got behind Corazon, it will be a very interesting 2022. Have a happy Christmas, and good luck my friends.
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corazon mining limited
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Yes @Y4ukikmycow and @vigilante3 you are both correct, and I...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.369M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 15907316 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 32424993 | 25 |
View Market Depth
No. | Vol. | Price($) |
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8 | 15907316 | 0.002 |
31 | 108409999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 32424993 | 25 |
0.004 | 11537368 | 11 |
0.005 | 500000 | 1 |
0.006 | 350000 | 1 |
0.007 | 429999 | 2 |
Last trade - 16.21pm 21/07/2025 (20 minute delay) ? |
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