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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 Nov 15, 2013 4:01am
162 Views
Post# 21908533

So finally its over IMO Co worth 800 k... 98% of rev split C

So finally its over IMO Co worth 800 k... 98% of rev split C
here the prove most rev split Cos fail..
A company worth roughly a millon cad  having a  loss of 15 million  is doomed to die or got delisted.
I f i decipered  the latest financial report  by end of yer the debt produced  will be a 15 million projection.
Hopefully the do another rev split  i prefer like i said two years ago 100 to one. That will keep the co another year alive.LOLOLOL
I wonder what all the affiliates do now  , since most of the SAG income iseems to be used by managments companies,pls chec the finacial report to see who owns the property , the mines, the law firms sand numerous other s involved here.
I am happy now because they lso got hit . ihope the loans cant be repaid to those who had decend lifestly from a abandoned mine on top of the andes with low grades-
I see the 42 cts ly had payed out !!!!!!!!!!!
Just to remind the share price with pog at 200 usd in the late 90 ies was 18 cts, though.
I LOST 99% on this BS CO , and i am more than happy now these losers pay , too!!!!!!!!!
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