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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 Aug 25, 2013 1:25pm
215 Views
Post# 21696193

i know why the latests financial report isnt shown here, though

i know why the latests financial report isnt shown here, though
grNTED LOANS TO THE CO Hd been payed back, a loss of close to three million the last quarter that will easily reach 10 million by end of 2013)
and low grades not worth starting the mill again..
i bet this is doomed to be put on halt as long as pog wont hit 2 grand an ounce, but even at these pog levels the low grade would  be still the killer .
That rats preparing to leave the sinking ship soon, 0.00001 cts by ens of 2013 as predicted in 2011.

I got fooled, so did you probably..  I was a fool to invest on a 42 cts lis..



RIP SAG   
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