I originally got into Cerro for the silver, I was pleased regarding the Espiritu Santo tenement, after doing some research it a very promising region. I have long term confidence in managment.
The Gold resource was confusing, large tonnage but low grade, confusion compounded at the non-economic status of the copper resource. So many investors see the grade and back off (I know I originally did until the Namiq aquisistion). I suspect this stock will do well post PFS when the market understands the economics better.
CJO Price at posting:
16.5¢ Sentiment: ST Buy Disclosure: Held
