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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 projects in the Americas. The Company is the 100% owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina and is the 100% owner of the Mont Sorcier Iron Ore Project in Quebec, Canada. In Canada, it holds a 100% interest in the Mont Sorcier Iron Ore and Vanadium project, which has the potential to produce a premium iron ore concentrate. The Minera Don Nicholas (MDN) property is located in the mineral rich Deseado Massif in the province of Santa Cruz, totaling 333,340 ha's of concessions. MDN is producing operating mining from two separate open pit areas, La Paloma and Martinetas. The Mont Sorcier Iron ore property is located just 18 km outside of Chibougamau, Quebec. The Property hosts a large Iron resource with significant and extractable Vanadium.


TSXV:CERT - Post by User

Comment by Beluga2020on Jul 16, 2021 10:29am
103 Views
Post# 33558995

RE:RE:From the new research report (company sponsored)

RE:RE:From the new research report (company sponsored)Phil again that's quite the thorough analysis  that is not interested in becoming a Cerrado shareholder. You are starting to repeat yourself. If you were truly interested in this company, you would listen to the latest interviews to stay updated. I will repeat the latest. The CEO is on record saying the following:

The AISC at MDN is currently in the $1150-1200 range, and expects it to be below $1000 by year end. 

MDN is making good money right now.

Cerrado won't  need dilutionary funding in the near future

$8M cash on hand., unchanged from months ago.

He indicated funding from the banks as an option.

A suitable plant? They have a brand new 1000 tpd CIL plant completed in 2017....

So the question is, is  the CEO to be believed, or not?  I for one have no reason to not believe him.




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