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 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

Cerrado Gold Inc > $1981 average selling price per oz in the 4th quarter.

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Comment by baystock1on Feb 04, 2024 5:33pm

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Post# 35862116

RE:$1981 average selling price per oz in the 4th quarter.

IMO Cerrado should not seriously entertain proceeding with MDC contruction until all 3 of the following things are in place:
-MDC license
-UKEP financing
-MDN mine in Argentina has turned around in a sustainable way

The third item alone can provide a rerating of SP to a 10+ bagger from the current price if currency exchange controls are removed by the end of 2024 as the IMF is predicting.

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