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Bullboard - Stock Discussion Forum 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... see more

TSXV:CERT - Post Discussion

Cerrado Gold Inc > All stocks getting pummeled lately
View:
Post by Trg418 on Jan 27, 2022 2:29pm

All stocks getting pummeled lately

Fear not though, once the dust settles gold will win the day. They are trapped in an inflationary environment without the ability to raise rates significantly because of debt loads.
Comment by Mulli15 on Jan 27, 2022 3:42pm
TRG where do you reside and how is the economy there? I am in small town Alberta and post christmas has hit our economy. I am a little concerned the demand will allow the inflation #'s to temporarily drop. Restaurants, movie theatres etc.. have empty parking lots here.
Comment by Trg418 on Jan 27, 2022 4:06pm
I'm in the greater Toronto area. They're lifting restrictions at the end of the month but only to half capacity. Inflation isn't going anywhere from the amount of money that they printed. And more restrictions such as trucker vaccine mandate will just mean more money chasing fewer goods. The industry I'm in hasn't been affected. I'm lead hand in a unionized manufacturing ...more  
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