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Cerro De Pasco Resources Inc C.CDPR

Alternate Symbol(s):  GPPRF

Cerro de Pasco Resources Inc. is a Canada-based company, which is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tailings and stockpiles extracted from the Cerro de Pasco open pit mine in Central Peru. The Company’s approach at El Metalurgista entails the reprocessing and environmental remediation of mining waste and the creation of numerous opportunities in a circular economy. The El Metalurgista mining concession (95.74 hectares (ha)) incorporates mineral rights covering 57 ha of the Quiulacocha Tailings Storage Facility (TSF). Its Quiulacocha is a large TSF (surface area 114 ha) located to the south-west of the Raul Rojas pit. It also holds a 100% interest in the El Metalurgista mining concession (95.74 ha) incorporating mineral rights covering approximately 35 ha of the Excelsior Stockpile. The Excelsior Stockpile covers a surface area of 67.92 ha and contains over 70 metric tons of broken rock.


CSE:CDPR - Post by User

Comment by Floridas2000on Oct 30, 2024 5:05pm
61 Views
Post# 36289516

RE:RE:They know exactly what they are doing

RE:RE:They know exactly what they are doing
stockbullied wrote: But if they have results and they are positive, why not let sp climb more, then announce financing at a higher price?


As an investor buying in at 30c makes a lot more than at 60c.  Let's say the stock goes up to $3.  Those 30c make a huge difference.  And for CDPR, even if they don't need the money right now, it doesn't hurt to have excess and increased interest.
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