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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 and Vanadium project located outside of Chibougamou, Quebec. The Minera Don Nicholas property is located in the mineral rich Deseado Massif in the province of Santa Cruz, totaling 333,340 ha's of concessions. The property operates mining from two separate open pit areas, La Paloma and Martinetas. The Monte Do Carmo project is located in state of Tocatins, with claims totaling 82,541 ha of concessions. The Mont Sorcier Iron ore property hosts a large Iron resource with extractable Vanadium in a mining jurisdiction. The Property is located 18 km outside of Chibougamau, Quebec by road Mont Sorcier.


TSXV:CERT - Post by User

Comment by ABDPhilon Jun 29, 2021 12:04pm
117 Views
Post# 33466220

RE:RE:RE:RE:I watch the value of gold go down and ...

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.
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