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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 > Reminder
View:
Post by Chizkiyahu on Aug 29, 2024 2:10pm

Reminder

I expected more sellera are coming.


Some shareholders and institutions wanted out of the stock, given the halt that occurred, and did not want their money locked up. I expect that as they exit the stock, the price will be under pressure. However, once they are out and the stock is in stronger hands, and as Cerrado continue to show the mine working, producing, making money, and repaying debt, Cerrado should see the price recover. It takes time.

Today, the finance report is good. Be patience.
Comment by Patinstinct on Aug 30, 2024 7:50am
     In my opinion, there are still 2 very important catalysts before we see the sp recover significantly. The biggest is the elimination of exchange controls... Without this, we will continue to have 14.7 million$ Ebitda and only 1 million$ net income.                                      ...more  
Comment by baystock1 on Sep 02, 2024 6:54pm
https://x.com/James56487175/status/1821910406874722351
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