CZN 20.0% 0.4¢ corazon mining limited

Ann: New Cobalt Anomalies defined, page-2

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  1. 1,315 Posts.
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    Nice announcement, but where's the money going to come from to drill all these anomalies, let alone define resources for them all, which will probably require 10 mill+ That's a real concern, market has capitulated , we really need to raise above 1c. Will the  Cobalt market turn soon? Who knows, but it will be sad if we dilute the register and become a 1c stock max into the future.
    The positive side is with all these anomalies, quite a nice future reserve should be defined and a future mining operation seems likely.
    Glad to see the company is still pushing forward systematically, would have been nice if this work was done in the first place instead of focusing more and more drilling at Cobalt ridge with no released JORC as promised. As management say in the announcement though 'results have far exceeded expectations' on regional exploration.
 
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