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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 > Gain of 200% and more in a single news!?
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Post by Patinstinct on Feb 22, 2024 1:31pm

Gain of 200% and more in a single news!?

IF they get the LI which is espected within the next 5 weeks, at these levels 200% profits are very possible. 

             These shorts could well be burned! 


    3 weeks left before payment of $10 million to the former owner of Mdn. The cherry on top would be the announcement of payment without PP at the same time as obtaining the LI at MDC.
Comment by Patinstinct on Feb 22, 2024 1:59pm
   here why i'm confident. 1) As of Sept 30, 2023 (includes ~$7m in restricted cash set aside for payments to sellers of MDN (february 2024 presentation)   2) Gold price high since november. In the hope category, they finally turned the corner in february with the las calandrias heap leach. :)
Comment by ABDPhil on Feb 23, 2024 12:50pm
Your arguments have probably not changed since your first purchase, which did not prevent CERT from losing 75% of its value.   That said, a 200% increase is insufficient to put you in positive territory.   Take a break, and think.
Comment by Patinstinct on Feb 23, 2024 2:35pm
      Well, i don't have any more time to waste with you and Brioche... I really own shares in Cerrado and i intend to keep them.        Don't get me wrong, i never thought i could have enlightened information with you. 
Comment by ABDPhil on Feb 27, 2024 4:57pm
@Patinstinct: If we follow your unicorn logic, SP could now increase by 300%.   The market can be wrong, as it often is. However, the financial results justify this debacle and I do not see anything realistic that could reverse the situation.   Good luck
Comment by Brioche on Feb 28, 2024 6:30am
The problem is the supliers want to be paid cash  in front of the 250% of inflation. So lack of treasury = squezze.  Now 10 millions usd for all the properties ( 4000 km2 +) seems ridiculous even with some debt. There value here or there for sure . So 2 or 300 % is not out of reach from here. 
Comment by Patinstinct on Feb 28, 2024 9:44am
    You say the financial results justify this debacle... So you saw this financial results from the 4th quarter? So tell me what is the AISC of this result , the income from mining operations and the foreign exchange ( loss,gain)?                    The only number we know is: 1)  A production on 15202 ounces of geo 2)  15 ...more  
Comment by ABDPhil on Feb 28, 2024 10:31am
In your unicorn world, a single trimester can erase all the bad ones that came before. People like you understand when they have lost everything. Until then, continue to think for yourself and dream about the next results.   -77% since the start of the year, and you persist.
Comment by Patinstinct on Feb 28, 2024 10:54am
 In my realistic world, i cross the bridge to get to the bridge. This -77% means nothing with so little information... I will probably have my answers in 2024. Until proven otherwise, this -77% looks more like a desperate agressive bluff to make fear.          Take a break and think better about your arguments, because they are pitiful.
Comment by Patinstinct on Feb 28, 2024 11:03am
In my realistic world, i cross the bridge when i arrive at the bridge ;) . This -77% means nothing with so little information... I will probably have my answers in 2024. Until proven otherwise, this -77% looks more like a desperate agressive bluff to make fear.          Take a break and think better about your arguments, because they are pitiful
Comment by ABDPhil on Feb 28, 2024 11:52am
Comment by Patinstinct on Feb 28, 2024 12:04pm
IF they get the LI which is espected within the next 5 weeks, at these levels 200% profits are very possible.               These shorts could well be burned!      3 weeks left before payment of $10 million to the former owner of Mdn. The cherry on top would be the announcement of payment without PP at the same time as obtaining the LI at ...more  
Comment by ABDPhil on Feb 28, 2024 1:44pm
In the last report, short sales were 66,000 shares. Since then, there have been 3,600,000 volumes. Don't kid yourself with short sales.   If you believe that the market will reward a company capable of wiping out its working capital to pay off a debt of $10,000,000, I don't know what planet you live on. Cerrado is already short of liquidity so imagine what it will be like next ...more  
Comment by Brioche on Feb 28, 2024 3:17pm
The value of cert is the sum of 3 properties . Not a single one. Despite many desillusions , bresil and quebec are worth something , surely way more than 10 millions . I remind you  at the mt sorcier buy out a presentation made by mngment gave 0 , nada , nothing to argentina . So nothing really new.  I don't know the reason of the  total radio silence from mgment , but it's ...more  
Comment by baystock1 on Feb 28, 2024 6:33pm
at the current $10 million MC I would prefer no PP to raise the $10 million to pay the former owner of MDN. Instead since there is no value being given in the MC for MDN, I would like to see CERT default on that $10 million loan if they are unable to extend the loan term. Worst case let the former owners take MDN back along with all the debts that are collateralized with that asset. Then CERT will ...more  
Comment by Streaky on Feb 28, 2024 8:26pm
How much MDN debt is there?
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