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

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Post by Scamdetectoron Oct 22, 2013 6:52am

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Post# 21836095

Co worth two million, equipment prob. to old to use it for

milling purposes imo.
The debt in the last quarters close to 1o million, production cost about 1450 an ounce at pog trading 1200 and dropping lower.
So my guess is :

RIP SAG its finally over and i feel free now , since i dont have to take the BS about the failing Co anymore.
I ll be surprised if they get a bid of 500k canadian dollars for this whole mess though.
OLLOLoLOLOOLOLoLOlOLOLOLOLOOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLO
LOOLOLOLOLOLOLOLOLOLOLOLOLOLOLO
So Mr. Frodo was right!!! in the end.....

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