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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 Trg418on Jan 17, 2022 2:22pm
112 Views
Post# 34325392

RE:RE:RE:RE:CEO Mark Brennan responds to my email within 5 minutes!

RE:RE:RE:RE:CEO Mark Brennan responds to my email within 5 minutes! Actually he's very honest about finance if you listen to his interviews. Heap leach will be financed through Argentinian debt + possibly small stream, zero dilution because of the small capex (16 million usd) Brazil they have multiple offers already based on pea alone and he said they want to partner with a bank in Brazil on straigt debt, no dilution. The bank he wants to use is one he's done deals with before on capex loans( way bigger than mdc, so that's not even a concern to me) Remember he said company's biggest concern is to avoid dilution. Management owns 40% of shares so no one loses more money by diluting than them.
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