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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 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

TSXV:CERT - Post Discussion

Cerrado Gold Inc > Good factory performance in 2021-Q4
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Post by ABDPhil on Jan 13, 2022 4:26pm

Good factory performance in 2021-Q4

Admittedly, these good results are mainly attributable to a much higher gold grade. Despite everything, the crusher had its best performance of the year, the daily average of ore processed is at the top and finally, the movement of waste rock is at its lowest. All in all, we should end the year on a good note.
 
Assuming that the average gold grade will be similar to that of 2021 (3.51 g/t) and that the good performance of the 2021-Q4 plant will be maintained, we can anticipate an increase in overall performance of approximately 6.3% for the year 2022, representing a total of over 46,000 ounces of gold. If improvements are made to the factory, they will have to be considered by updating my calculations.
 
Regarding silver production, I intentionally omitted these results from the equation. It's up to you, if you want. For the stripping ratio, my calculations stick to the average per quarter because the variation of this indicator is very significant. Therefore, my anticipation is more conservative than optimistic.
Comment by Trg418 on Jan 14, 2022 1:57pm
Results so good we managed to get Phil to become a buyer. I'm assuming that's what you are when you say we should end the year on a good note? Anyways, welcome aboard and fear not, your money is in good hands.
Comment by ABDPhil on Jan 14, 2022 2:44pm
I don't want to offend you, it's not you who managed to convince me, it's the operating results. Despite some uncertainties, things seem to be heading in the right direction.   In respect of the long-term investor that I am, I will wait for the publication of the annual financial results and if that suits me, an investment in Cerrado is to be considered. I do not wish to be ...more  
Comment by Trg418 on Jan 14, 2022 3:28pm
No offense taken, by we I meant the cerrado group which I consider to be investor + management group. You know they will do heap leach plus make more improvements. They've done so for 5 consecutive quarters and the last one was a banger. This will be 100k producer is 2023 with a low share float. And once MDC advancements start happening this year, I think the market will realize these guys are ...more  
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