It’s time to goHello Tree2tree,
I see that you still have the nasty flaw in liking financially fragile gold companies.
The financial results indicate production costs so high that it would take a miracle to hope for a recovery. The gold grades are interesting but they are nevertheless insufficient to compensate for the complexity of the geological structure. The depth of the mineralized zones is too great to imagine a substantial drop in production costs.
The only way to achieve an acceptable breakeven point would require the gold price to soar on international markets. If this scenario were to occur, the entire gold company market would benefit and despite achieving profitability, CERT's production costs will continue to hurt shareholders.
Finally, the negative financial results mean that CERT will have to finance its drilling campaigns again and again by issuing shares, which should largely contribute to the progressive impoverishment of current shareholders.
Flee while there is still time.