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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

View:
Post by Chizkiyahu on Dec 06, 2022 7:47am

news

I saw the new press release, I'm happy to hear that:

First gold pour for Heap Leap Project targeted for April 2023. I bet CRDOF will go above $1 next month.
Comment by ABDPhil on Dec 07, 2022 9:56am
The use of debt to expand the heap leach project should also have you concerned about the profitability of MDN's operation. Up to you.
Comment by Mulli15 on Dec 07, 2022 12:36pm
Phil, at what price would you buy this stock? The heap leaches should turn around the Argentina project no?
Comment by ABDPhil on Dec 07, 2022 2:18pm
Heap leaching is a way to recover some of the costs associated with moving ore that is too low grade to be processed at the plant.   Will the additional revenues be sufficient to offset the costs required by this process; the repayment of the new credit facility and losses from the MDN plant? If this decision has been made, we can assume that it will be profitable.   HOWEVER, the ...more  
Comment by Brioche on Jan 19, 2023 11:23am
...5.83  g/ t ... record .. any comment ? -)) 
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