Cerro Grande Mining Corp T.CEG

Primary Symbol: C.CEG Alternate Symbol(s): CEGMF

Metals & Mining Gold

Cerro Grande Mining Corporation is a Chile-based junior mining, exploration and development company. The Company produces gold, silver and copper, with operations mainly in Chile. The Company is also engaged in the exploration of other mineral properties and in the development of its limestone deposits. Its projects include the Pimenton Porphyry Project and the Tordillo property. The Pimenton Properties in Central Chile for South American Gold and Copper Company Limited. Santa Cecilia is an exploration project for hydrothermal gold, silver and copper in the high western Cordillera of Chile’s Third Region. The Catedral/Rino project covers an area of 5,025 hectares reduced from 19,895 hectares held in 2008 and consists of 25 concessions. Its interest in this project is held through 50.1% interest in Compania Minera Catedral, which is the holder of the Catedral concession. Catedral/Rino consists of two separate but adjacent limestone deposits, the Catedral deposit and the Rino deposit.

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Cerro Grande Mining Corp

Bullboard Posts

Post by Scamdetectoron Jun 11, 2011 10:37am

186 Views

Post# 18702485

bad news ahead..

looks like the mine is not profitable stock fell 70% in less than two month.
Decline very fast on low volume, doesnt mean anything good. I personally believe CEG is soon back to the 20 cts range and from there three cts which is a 99% loss of initial investment is been seen this year.

Same old sh it maybe issuing a couple of hundred million sares might help to survie another decade of non performing and giving time to sperad more nonsense about the big potential of a mine on top of the Andes with drilll riggs longer than 6ooo meters.. (looks like a joke to me)

RIP CEG

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