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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

Cerro De Pasco Resources Inc > Sprott insider purchase
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Post by GeneralAladeen on Jul 08, 2024 8:19pm

Sprott insider purchase

The last company I owned that Eric Sprott bought into GTWO ran from .60 a $1.75. This should be good for an undervalued company such as Cerro dePasco. Once news the govt sides with the company, this will get real fun! Let's go! GLTA
Comment by BueBoy on Jul 09, 2024 2:40am
So it all fits in to place now and explains the favourable terms of the placing. CDPR were prepared to grant warrants at 15c (the warrants attached to the placing twelve months ago were 25c) to Sprott as the lead investor to get him on board. The other investors in the placing who stumped up $1.2m were presumably long term supporters of CDPR who benefitted on the back of the terms Spott ...more