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Cerro Grande Mining Corp T.CEG


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

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.


CSE:CEG - Post by User

Post by Scamdetectoron Feb 19, 2013 1:11pm
81 Views
Post# 21010839

POG close to 1600 USD

POG close to 1600 USD

.. i wonder if a further decline will stopp mining as in 1986?

As we learned from the 2011 report production cost oof Pimeton is close to that range. Expenses and exploring cost must have been expolded  as we learned from the latest report.

I guess itsabout time to understand that this is causing lots of trouble to explain royalties and payments to assosates , and not to mentioon those million of free shares franted for excllence in managing this POS company.

 

Are they going to halt operation for a while since they cant affort drilling at these low pog levels??

anyway all time low by now.

name is program SAG

 

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