Cerrado Gold Inc V.CERT

Despite the garbage of M.B

[Brioche]

the second tranche of the money received is equal to the actual market cap . 
So well undervalued right now. If we add the cad 21 millions to come , the stock should be way above 50 cts. At least 0.70 with all their assets. 
But caution with the boss. He already sent the stock into the abysses . -)

[Ironmask1]

yes,  they need cashflow.having a negative working capital of $59 million alongside liabilities of $224 million can be a red flag. Negative working capital means the company's current liabilities exceed its current assets, which could indicate potential liquidity issues. This situation might make it challenging for the company to meet short-term obligations, and if the liabilities are

[chabinator]

Your number are wrong....Are you shorting the stock lol Analysis made this june https://cdn-ceo-ca.s3.amazonaws.com/1j7tf15-20240628-CERT-Update-1.pdf

[Ironmask1]

no I'm still holding. was checking how serious the posters are. someone else is bashing on X: @ Mark_IKN This what he mentioned on X:  I like this bit, from $CERT.v CEO Brennan: "Cerrado is now favorably positioned as one of the few well-funded, cash flow positive, stable junior producers in the sector." Stable genius? Mark's tip-toeing round the graveyard. As at 2q24

[Ironmask1]

the market seems to appreciate the latest developments despite some clowns on twitter