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Bullboard - Stock Discussion Forum 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... see more

CSE:CDPR - Post Discussion

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Post by Floridas2000 on May 01, 2023 3:56pm

Interesting..

The revenue last year was $44 million and the market cap is less than that.  That's insane.  If you look at the last three months there has been a build-up of volume in CDPR.  There's a reason for that.  As OPEX goes down and they expand the revenue to Santander Mine and prove they can run a successful fine it sets up when they take over Cerro de Pasco.  

Markets tend to fix their mistakes and if they have revenues of 100 million a year and cost 10 cents for share price, somebody somewhere is going to realize the opportunity it is and make a lot of money.
Comment by bogeyfree on May 01, 2023 6:25pm
"INTERESTING"  indeed!> "It sets up when they take over Cerro de Pasco"  What's taking so long? Is peru not a good place to be doing business?  So much potential, beats me this is still at .10¢!
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