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 > I have never been so disappointed

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Post by Brioche on Nov 02, 2023 4:36pm

I have never been so disappointed

Pea ( @usd1600 ) / Fs ( 1750 !!!)

IRR 94.8 % / 34 %
PROD 149 koz / 95 koz
Capex 126 mil / 186 mil
Free C,flow /y 150 mil/ 90 mil
Etc etc.
For me not far from a fiasco

The aisc "stay" decent 431/ 711 ..

I fear 50 cts to come .

MB is simply Boasful. And i fear for the quality of Mount Sorcier
I hope i will recover my potential losses with time .
GLTA

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Comment by Patinstinct on Nov 03, 2023 8:16am

Dear Dark Brioche, i almost sold my share when reading your post. But you forgot to say that in Brazil there are big snakes and Killer caterpillars... Hahaha

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