Cabral Gold Inc T.CBR.A

Primary Symbol: V.CBR Alternate Symbol(s): CBGZF

Metals & Mining Gold

Cabral Gold Inc. is a Canada-based junior resource company. The Company is engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company’s projects include Cuiu Cuiu gold project and Bom Jardim project. The Company has a 100% interest in the Cuiu Cuiu gold district located in the Tapajos Region, within the state of Para in northern Brazil. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. The Bom Jardim project is located about 25 kilometers (km) northwest of the Cuiu Cuiu property and 45 km NW of Eldorado’s 2.5M oz Tocantinzinho deposit. It controls two exploration licenses comprising more than 13,000 hectares covering the headwaters and source areas of the Bom Jardim district.

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Cabral Gold Inc

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Comment by broxburnboyon Jun 08, 2008 12:11pm

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Post# 15158816

Fully diluted

There are a bunch of options and warrants which mature this month and next (from documents at SEDAR:)

911,00 options at .52 expire 06/08

4.6MM warrants at .75 07/08
1.4 MM warrants .80 07/08

Net proceeds if exercised = around 5MM bucks

It will be interested to see if these are exercised. They options are probably held by management insiders, the 4.6 million warrants I believe are held by Gold Fields (or Sprott) and the 1.4MM were issued as compensation to a banker during a previous private placement.

If any of the holders decided to buy more shares, would they first buy on the open market and drive up the open market share price untill it reaches the strike price of their options and then exercise, or will they simply pay the strike price, keeping the open market price low?

Anyone have an inkling?

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