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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 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

Comment by Trg418on Jan 17, 2022 2:22pm
111 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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