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Cerrado Gold Inc V.CERT

Alternate Symbol(s):  CRDOF

Cerrado Gold Inc. is a Canada-based gold production, development, and exploration company focused on gold projects in South America. It is an owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina, and the Monte Do Carmo development project, located in Tocantins State, Brazil. In Canada, Cerrado Gold is developing its owned Mont Sorcier Iron Ore and Vanadium project located outside of Chibougamou, Quebec. The Minera Don Nicholas property is located in the mineral rich Deseado Massif in the province of Santa Cruz, totaling 333,340 ha's of concessions. The property operates mining from two separate open pit areas, La Paloma and Martinetas. The Monte Do Carmo project is located in state of Tocatins, with claims totaling 82,541 ha of concessions. The Mont Sorcier Iron ore property hosts a large Iron resource with extractable Vanadium in a mining jurisdiction. The Property is located 18 km outside of Chibougamau, Quebec by road Mont Sorcier.


TSXV:CERT - Post by User

Post by Patinstincton Feb 04, 2024 8:36am
137 Views
Post# 35861749

$1981 average selling price per oz in the 4th quarter.

$1981 average selling price per oz in the 4th quarter.The 4th quarter was difficult, but i don't think it's catastrophic like the short sellers trying to make us believe... Moreover the price of gold as held up really well since the start of the year. If Cerrado turns the corner as they seem to have done, after the headwinds, they coul'd well have the wind in their sails.


              Regardless, the Sp cannot remain so low with the probable obtaining of the Mdc installation license in coming weeks, Really very risky for the short sellers...
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