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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

Comment by ABDPhilon Mar 01, 2024 9:47am
79 Views
Post# 35908830

RE:RE:RE:RE:New Press Release - Cerrado Gold Confirms Ability to Produce 67% High Purity, Direct Reduction Iron Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec

RE:RE:RE:RE:New Press Release - Cerrado Gold Confirms Ability to Produce 67% High Purity, Direct Reduction Iron Grade Concentrates at Its Mont Sorcier Iron Ore Project in Quebec
The idea is not to believe that it is good news, or bad news, but to understand that this news should not be news. The result of a metalurgical test, at the start of a project, is the equivalent of a daily operation in the development of a project and of no interest for the company's shareholders.
 
That said, there’s no need to get excited and don’t fall into the trap. Cerrado does not need a large budget to be manipulated and certain shareholders, larger than you, can create activity in the negotiation with the aim of attracting new buyers, and create an opportunity to get rid of of a few thousand stocks that would otherwise remain stuck in their portfolios. It's like black bananas at the grocery store, it's better to sell them for 1 cent a pound than to throw them in the trash (anyone who thinks I'm comparing CERT to a black banana doesn't understand)
 
In short, stay focused on the financial results as a whole, because remember that the market currently values these assets poorly. Just be careful.
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