Bullboard - Stock Discussion Forum Cerrado Gold Inc V.CERT

Alternate Symbol(s): CRDOF

Metals & Mining Gold

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... see more

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TSXV:CERT - Post Discussion

Cerrado Gold Inc > Did you guys notice the 101k bid blocks from 1.65 down?

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Post by Trg418 on Dec 31, 2021 1:30am

Did you guys notice the 101k bid blocks from 1.65 down?

Someone is accumulating a lot of shares! I swear I seen at least 4 blocks of 101k shares filled, an oddly specific amount especially for an unknown stock. Now he's back with another block at 1.38! Watch what happens once they're satisfied and want the price to go up.

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Comment by Tree2tree on Dec 31, 2021 1:09pm

Big blocks on the bid are never a guarantee that the price will go up. But I have bought back some shares, as I am guessing we are seeing a short-term trough.

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Comment by Trg418 on Jan 01, 2022 10:26am

Yeah for sure not a guarantee but I've seen this stock move up 5% on the day with less than 20k volume. Someone accumulating shares could easily pump this up if they wanted to afterwards. Which is what I hope will happen lol, and then some more upon a catalyst news release. 2022 will be a busy year for cerrado so I'm expecting a lot of news releases. Happy new year to all!

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Cerrado Gold Inc