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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 Feb 14, 2024 12:19pm
144 Views
Post# 35879974

RE:Catalysts

RE:Catalysts
Glad you found the floor, if any. Cerrado's inability to generate sufficient cash flow is a problem for which there has been no diagnosis, nor has there been a cure.
 
So, Cerrado must first make the diagnosis and identify solutions. If there are solutions, you can reasonably believe in issuing shares, provided that the corrective measures can serve the interests of the participants. Without solutions, or without interest for the participant, I will let you assume what happens next.
 
It's up to you to check that the floor will be able to resist up to that point, because you are the specialist.
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