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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 > You go to bed with theoretically
View:
Post by Brioche on Mar 08, 2023 3:51pm

You go to bed with theoretically

A gold company and you are waking up with a iron company .....no doubt ..so The alchemy does exist .

The small are  diluted while the big are not . ( they were on both sides ) .
The mont sorcier seems interesting , but why this mariage ?  Was Voyager in difficulty with debentures maturity at may 31 ? ...Or something else ? 
First gram of iron for... 2028 ..if everything ok . 

Perplexity.
Comment by ABDPhil on Mar 10, 2023 7:01am
Cerrado is struggling to make a profit from its only mining project; and is funding its heap leach process AND the drilling campaign for its second project through royalties. Now an acquisition. It's unusual.   Cerrasprott as a new social name, why not?
Comment by Brioche on Mar 10, 2023 12:43pm
We should wait for the coming annual results for cert . The 2 head leach will well improve the margin the next months.  About the merger , it could be a good move . From what i see:  Dilution is very limited .(  Just to save the voyager soldier from immediate heavier dilution )  Mont Sorcier is a solid project . 43% irr after t . As for now same capex ratio vs mdc based on the ...more  
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