RE:RE:RE:RE:I watch the value of gold go down and ... If you trust the CEO of Cerrado, that's okay.
If you are confident that the cost of production will be able to fall below the $ 1,000 mark, that's okay.
If you have confidence that the management team will not resort to equity financing to optimize their production costs, that's okay.
If you have confidence that the reduction in its costs will not be temporary, that's okay.
If you are confident that drilling will be able to finance itself from the profits generated, without having to resort to financing, this is not a problem.
If you have confidence that Cerrado will eventually be able to demonstrate the presence of millions of ounces of gold in order to ensure the sustainability of its revenue without having to resort to financing, that is not a problem.
If you are confident that the value of gold will be able to rise enough to reduce the pressure on Cerrado's finances, this is okay.
If you are confident that most investors will analyze the situation the same way you do, that's okay.
The only problem is that it all adds up to a lot of "IFs".
I believe you have all the parameters to make sure you have sufficient risk tolerance.