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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 05, 2022 12:59pm
137 Views
Post# 35151340

RE:RE:RE:What's going on?

RE:RE:RE:What's going on?
You may be right about the tax losses and the increased POG, but we can't be sure. Don't overlook the possibility that the POG will still be at the same level in a few months, which would have greater consequences for Cerrado. To collect losses quarter on quarter, it is necessary beforehand to have constituted a treasury able to resist, which is not the case of Cerrado. Take the time to check the current assets/liabilities in the latest financial statements, you will understand.
 
I suggest you read this thread to get a better idea of the challenges Cerrado faces. The cost of moving sterile material is a topic I've been commenting on for a long time. Good reading.

https://stockhouse.com/companies/bullboard/v.cert/cerrado-gold-corp?postid=34242609
 
For your information, I am basically a long-term investor. My interest is focused on companies that have significant value/stock price gaps and whose business growth potential can be supported by positive working capital.
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