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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 Dec 19, 2013 6:32am
257 Views
Post# 22021358

Close to seven million loss created till Q3.. almost tripple

Close to seven million loss created till Q3.. almost trippleof the companies value!! and Q4 still to come..
Projected to the last quarter of 2013 the loss will exceed 10 million a five time of the companies value..more to add????? This might be a five time higher debt than the companies value  .. IMO

I wonder  how they can still be listed at the OTC ?????
 POG at 1100 an ounce in 2014, the company also stated that the grades were less than expected
.. this is the end   i begging to close down this failed venture.
The co lost 90% after the rev split in 2011...
Finally the investor had to pay for that hoax..... to bad
I wish a second 42 cts lie!"!!!!or a second rev split 100 to one what will make a 20 cts share  LOLOLoLOLOLOLOLOL


RIP SAG as Mr. Frodo said in 2000.... he was right though..
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