Cabral Gold (CBR) - Gold Bulk-Tonnage Play Turns to High-Grade Focus

Matthew Gordon,
Ptolemy Capital

39:25
6 Months ago

Cabral Gold is a Brazilian gold explorer with a district-scale land package in the form of the Cuiú Cuiú project. Bulk-tonnage gold was the previous area of focus, but after 8 extremely difficulty years, a shift of focus towards high-grade gold veins has been deemed a better use of resources. While some of the gold grades at surface have been eye-watering, Cabral Gold will need to deliver a gold resource to the market in an appropriate timescale, while remaining pragmatic about their cash position and the changing market conditions. Cabral Gold can't afford to make the all-too-common mistake of getting so lost in chasing gold ounces that it forgets the market needs to see some definitive and accretive value.

#Cabral Gold Inc. #Gold #Copper #TSXV #Alan Carter

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