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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 29, 2024 9:15pm
107 Views
Post# 35908145

RE:Fair value

RE:Fair value
The value of MDC and Mont Sorcier is what Cerrado could get if they were sold. Otherwise, this value is fictitious, considering that Cerrado does not have the money to develop them.
 
That being said, I do not know the potential of these permits and consequently, not the interest of the other parties. Considering the lack of collaboration from MDC, to ensure the development of Cerrado, another source of financing will have to be found, or consider the sale of certain assets.
 
Alternatively, an increase in the POG could resolve some financial concerns, and improve market interest in the gold sector. Hope must continue, while remaining realistic.
 
The market being what it is currently gives very little value to assets that do not provide profits. That's how it is in a depressed market, even though it makes no sense. That said, it makes things very complicated for companies that need capital to grow. This is true for Cerrado, and it is true for all explorers who cannot count on a constant source of income.
 
Sometimes things change quickly, when no one expects them, and those are my best wishes.
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