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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 Dec 18, 2021 2:30am
94 Views
Post# 34242940

RE:RE:RE:167 : the second best hole of monte do camo short history.

RE:RE:RE:167 : the second best hole of monte do camo short history.A basher? Is this how you name someone who has a different opinion of you? Well…

If, surprisingly, you are able to understand the financial statements, you see for yourself that Cerrado's operating margin is insufficient to support its development. Not recognizing this handicap is what is risky.

The current stock price is up 20 cents from its first close in February and down 40 cents from its high in November 2021. Not what I would call a spectacular performance. Nonetheless, I recognize that this performance is better than most companies in this sector, for this short period.

Whether negative or positive, the performance of the stock price is not an indicator that helps determine the quality of a business. I prefer to trust the conclusion of my research rather than people like you who buy without valid reasons.

I remind you that your publication of December 15 mentions a target of 2 to 3 million ounces of gold after the publication of the results of a second drilling which seems good to you. Do you have any idea how much drilling it takes to demonstrate so many mineral resources? You are ignorant and frankly, it really doesn't matter.
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