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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 ABDPhilon Jul 16, 2021 11:59am
115 Views
Post# 33559783

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

RE:RE:RE:From the new research report (company sponsored)You are right, I am not interested in Cerrado. And as long as the financial results are like this, I will limit myself to observing the situation. My investment choices are not influenced by what is said in the video clips, let's be serious.

Just because the factory was recently built does not necessarily mean that it is efficient. It was built on a limited budget in the hope that the profits generated will be enough to then improve it. This is a common business model that inexperienced investors think is a wonderful idea and that everything will be fine.

Cerrado's current profit margin indicates that sooner or later it will be necessary to support financial needs through the issuance of new shares. In addition, the balance between income and expenditure is very fragile, which means that the areas richest in gold are probably exploited as a priority. Therefore, it will be the official financial results and time that can demonstrate that the drop in production costs is real, lasting and not linked to events over which Cerrado has no control.

As previously specified, the future of Cerrado always depends on the value of gold so I'll just watch ...
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