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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 > Who sell ?
View:
Post by Patinstinct on Sep 15, 2023 10:43am

Who sell ?

But who the hell sells at this price? Thank you anyway! At .75 i thought i was lucky... But here i admit that it was unexpected. Thank you so much. Already in 6 weeks it will probably be impossible to buy at these prices, imaagine in six months when the Mdc project will probably be de-risked... Even with a catastrophe on Mdc, 60 000 000$ of market cap for a futur production between 70-90k oz is very cheap.
Comment by Brioche on Sep 16, 2023 3:19am
Who sell ? ..shorts , nake shorts , algos , funds , etfs...ex vone shareholders ,  and perhaps insiders who got  the stocks for free....many contenders as the stock is down 4 d a week. ( plus those realising the losses )  That said we are on oversold territory on daily & weekly .Fundamentally it's very cheap . One event hidden , is the " possible " future  ...more  
Comment by baystock1 on Sep 17, 2023 4:55pm
Patinstinct, Some people seem to think 70-90k oz out of Argentina is worthless due the currency controls. I disagree with this assessment and also think that CERT is already priced for a potential catastrophe at MDC because the current valuation is underpinned by the expected MDN production rate in second half of 2024. In addition there is the potential for further growth to say 150k oz by end ...more  
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