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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 > This is very sad
View:
Post by ABDPhil on Feb 05, 2024 10:32am

This is very sad

CERRADO's situation has not changed since its entry into the market.
 
I don't want to be the one who says "I told you so" every time an SP drop happens, because that's stupid. This is just a reminder of the caution that applies to extractive companies that face significant challenges. In short, here is a publication that I made in June 2021, still valid.

It's time to go
 
Regarding the arrival of Mr Val Coetzee, give him a chance AND time. If the mining plan presents a significant engineering problem, it will be able to correct the situation, provided it has the financial support to implement it. I'll let you anticipate what's next...
Comment by Patinstinct on Feb 05, 2024 11:55am
WOW! I just read all your posts from june 2021 and it's real gem to discredit you... Your always appear during a drop in sp trying that Cerrado is a ... You predicted a huge dilution like rbx...          There were 70000 shares in circulation in 2021 and now 100000 with the aquisition of voyageur metals!  Really quite a dilution...         ...more  
Comment by Patinstinct on Feb 05, 2024 11:59am
WOW! I just read all your posts from june 2021 and it's real gem to discredit you... Your always appear during a drop in sp trying  to say that Cerrado is a ... You predicted a huge dilution like rbx...          There were 70000 shares in circulation in 2021 and now 100000 with the aquisition of voyageur metals!  Really quite a dilution...     ...more  
Comment by Brioche on Feb 05, 2024 3:35pm
I think you focus too much on MDN. You have to remember that 18 months ago ( today erased) a presentation on the cert website gave 0  yes 0 as value for Mdn . So they knew themselves  what argentina was really worth . The reality is that the whole value was coming from MDC project and Mt Sorcier at that time. But  the joke between  the pea and pfs for Mdc was the real start of ...more  
Comment by baystock1 on Feb 05, 2024 4:02pm
yeah a PP of 35 million shares seems possible/probable. I agree that the market is already pricing this in what appears to be front running..selling shares on the open market at higher than the PP price so as to reinvest the proceeds into the company and pocketing the price difference along with associated free warrants.
Comment by Patinstinct on Feb 05, 2024 5:25pm
Why 35million?
Comment by Patinstinct on Feb 05, 2024 7:47pm
             18 month ago Cerrado did not own Mont Sorcier... And you say total inability to fund MDC?  Where did you learn that the santander bank refused to finance 70% of the project and sprott had withdrawn its offer to finance the remaining 30%? And why would he need 10million$ with PP? Have you seen the 4th quarter financial repport?    ...more  
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