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Cabral Gold Inc V.CBR

Alternate Symbol(s):  CBGZF

Cabral Gold Inc. is a Canada-based junior resource company. The Company is engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company’s projects include Cuiu Cuiu gold project and Bom Jardim project. The Company has a 100% interest in the Cuiu Cuiu gold district located in the Tapajos Region, within the state of Para in northern Brazil. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. The Bom Jardim project is located about 25 kilometers (km) northwest of the Cuiu Cuiu property and 45 km NW of Eldorado's 2.5M oz Tocantinzinho deposit. It controls two exploration licenses comprising more than 13,000 hectares covering the headwaters and source areas of the Bom Jardim district.


TSXV:CBR - Post by User

Bullboard Posts
Comment by bageoon Apr 08, 2018 5:07pm
90 Views
Post# 27850056

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hate to say this

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hate to say thisJc231990 - Glad we agree on 1.6m being the right number of shares in discussion.  I do not agree on them being issued at 1c as you say.

Dennis Moore and Alan Carter (and others who had funded the private co) received shares at 60c - the same price that the greater than $4m was raised during the RTO.  At least 30 and up to 51 people from around the world were happy with this valuation and hence paid the 60c at the RTO.
Bullboard Posts