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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 > Gain of 200% and more in a single news!?
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Comment by baystock1on Feb 28, 2024 6:33pm
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Post# 35905132

RE:RE:RE:RE:RE:RE:RE:RE:Gain of 200% and more in a single news!?

RE:RE:RE:RE:RE:RE:RE:RE:Gain of 200% and more in a single news!?at the current $10 million MC I would prefer no PP to raise the $10 million to pay the former owner of MDN. Instead since there is no value being given in the MC for MDN, I would like to see CERT default on that $10 million loan if they are unable to extend the loan term. Worst case let the former owners take MDN back along with all the debts that are collateralized with that asset. Then CERT will be left with Quebec and Brazil without the MDN debts which is a hell of a lot for $10 milion MC.
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