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Bullboard - Stock Discussion Forum Cerrado Gold Inc V.CERT

Alternate Symbol(s):  CRDOF

Cerrado Gold Inc. is a Canada-based gold production, development, and exploration company focused on gold projects in South America. It is an owner of both the producing Minera Don Nicolas and Las Calandrias mine in Santa Cruz province, Argentina, and the Monte Do Carmo development project, located in Tocantins State, Brazil. In Canada, Cerrado Gold is developing its owned Mont Sorcier Iron Ore... see more

TSXV:CERT - Post Discussion

Cerrado Gold Inc > Have you ever seen such a phool?
View:
Post by Tree2tree on Dec 15, 2021 8:12pm

Have you ever seen such a phool?

For the information of the board, that phool is obsessed with putting down any company that is not the true love of his life.  To the point that he makes embarrassingly idiotic statements.

Obviously, in a 129 m intercept, the grade is not going to be uniform.  The phool is right about one thing, that most of the gold in that intercept is found withing the best 31 m (85% to be precise).  That is actually great news, because when it comes time to mining, the mine planners can use the high-grade ore first, which gives higher production, sooner, and at lower cost.  Depending on the cut-off grade, the lower-grade parts can be stockpiled for processing later to squeeze out a few more ounces.  That's how gold mines operate.  But the phool is trying to mislead people into thinking that a killer drill hole is somehow bad news.

Would the phool care to show us a better drill hole from his own true love project?
Comment by ABDPhil on Dec 16, 2021 9:22am
In a unicorn world, you would be the king. For the FSA-164 borehole, the first 17 meters are sterile. As a result, the stripping ratio will be very high and this is definitely not a good example to consider very profitable planning for a factory start-up. In the case of Monte do Carmo, the low gold grade is offset by favorable geology, which allows low-cost mining to be considered. Storing the ...more  
Comment by Tree2tree on Dec 16, 2021 11:42am
As the saying goes, "there is no point in arguing with a phool"
Comment by ABDPhil on Dec 17, 2021 9:24am
@ Tree2tree: 20 meters at 0.71 g / t under 240 meters of waste rock. I look forward to hearing your comments on these results. After all of your negative comments about the Kobada project (1,600,000 ounces at 1.2 g / t), you will need to be consistent. It will be a mine ... ;o)
Comment by Mulli15 on Dec 17, 2021 4:19pm
The insider that just bought $65K worth of shares would kindly disagree with you Phil :)
Comment by ABDPhil on Dec 17, 2021 4:37pm
I wish it for you...   I like to laugh at the many bullshit and inconsistencies Tree2tree writes here and there. I do not believe that the value of CERT is influenced by the drilling results obtained for the MDC permit. However, these results puzzled me. More time will be needed to draw a conclusion about the potential of this permit.
Comment by Mulli15 on Dec 17, 2021 4:46pm
I hope the CEO is correct in saying they will finance the mine with no new shares issued. Then this rocket will leave the launch pad.
Comment by ABDPhil on Dec 17, 2021 8:02pm
In my humble opinion, Cerrado's operating margin is insufficient to maintain this level of optimism. Cerrado is currently dependent on the increase in the price of gold to ensure its development through its economic activities. If the value of gold continues at current prices and the efficiency of its plant does not improve, it will have to increase its production capacity to make its ...more  
Comment by Brioche on Dec 17, 2021 9:36pm
You are a sophisticated basher , but a  basher at the end for personnal reason. You begun by the holes , now the margin ...no doubt you will find a new parameter on your next input. If cert was so risky , try to explain why the stock made an all time high few seeks ago vs the whole sector .