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Cerrado Gold Inc V.CERT

Alternate Symbol(s):  CRDOF

Metals & Mining Gold
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

Cerrado Gold Inc > If I get to choose.. CERT or RBX?
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Comment by ABDPhilon Jul 22, 2021 1:07pm
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Post# 33589049

RE:RE:RE:RE:RE:RE:RE:If I get to choose.. CERT or RBX?

RE:RE:RE:RE:RE:RE:RE:If I get to choose.. CERT or RBX?In fact, the majority shareholder owns 66% of the shares. The Cohen family have never sold a single share.

Regarding the other sellers, they are people like you and me. Therefore, when 500,000 call options are exercised at 15 cents, an amount of $ 75,000 must be paid to Robex. This, in addition to the tax on the value added on the day of the exercise in the market. With people like you and me, a sale is usually made in proportion to cover those amounts owed. In the case of Robex, these sales correspond perfectly with these proportions. For the members of the board of directors, whose position is their only job, these can be considered understandable sales.

Therefore your reasoning is wrong because these directors are still good shareholders with more than 9,000,000 shares.
 
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