Cerrado Gold Inc V.CERT

Alternate Symbol(s): CRDOF

Metals & Mining Gold

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

Cerrado Gold Inc > $1981 average selling price per oz in the 4th quarter.

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Comment by baystock1on Feb 04, 2024 5:33pm

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Post# 35862116

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

IMO Cerrado should not seriously entertain proceeding with MDC contruction until all 3 of the following things are in place:
-MDC license
-UKEP financing
-MDN mine in Argentina has turned around in a sustainable way

The third item alone can provide a rerating of SP to a 10+ bagger from the current price if currency exchange controls are removed by the end of 2024 as the IMF is predicting.

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