Cerrado Gold Inc V.CERT

Given Recent News....

[MiningWatcher]

I would've expected a bit of a run up today....
CERT.v should easily be $1 just on yesterday's news alone...  $111 MM NPV and $0.50/year per Share for the one property!
"Life of Mine Average annual EBITDA of US$49 Million"

[Chizkiyahu]

I looked at market cap under TSX Venture exchange is 21 M?? You saw the news recently. The price per share should be higher. Go and grab the bargin price as you can. Good luck!

[baystock1]

@baystock seems to me that with CERT projecting EBITDA of US$49 million over the next 12 months, the market cap should be worth at least 1x EBITDA sooner rather than later. ie. ~US$0.50 per share. May be the catalyst for this rerating is in 6 months when the MDC transaction closes, resulting in US$30 million in cash being received and the MDC stream obligation and mine closure obligation

[alfhope]

Hopefully SP will rise if sellers are gone. Way too cheep IMO.

[Chizkiyahu]

I deposited more fund last week. I will gulp more shares  if it goes down lower bid history (year) again. I believe the gold will climb above $2500 this month. 

[Chizkiyahu]

Now the gold price is above $2500. Where are the buyers??

[Chizkiyahu]

I bot shares today. I think sellers are gone. Buyers are coming anytime.