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
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
Streaky on Feb 28, 2024 8:26pm
How much MDN debt is there?