Cerro Grande Mining

CEG-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about CEG-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
August 7, 2009
Had a project in Chile, which basically came off the rails because of an avalanche. Sold an incredible amount of shares, about 450 million plus. If they can have earnings at some point, with so many shares outstanding earnings cannot be very great.
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Had a project in Chile, which basically came off the rails because of an avalanche. Sold an incredible amount of shares, about 450 million plus. If they can have earnings at some point, with so many shares outstanding earnings cannot be very great.
DON'T BUY
DON'T BUY
December 24, 2007
Have about 450 million shares outstanding meaning they may have to consolidate. Trying to get their Chilean mine going again. Had an avalanche, which eliminated the company's operations. Need more money.
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Cerro Grande Mining (CEG-T)
December 24, 2007
Have about 450 million shares outstanding meaning they may have to consolidate. Trying to get their Chilean mine going again. Had an avalanche, which eliminated the company's operations. Need more money.
HOLD
HOLD
October 18, 2007
He owns it personally, bought at 9, it's now at 5. He is willing to hold, but wouldn't buy more.
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He owns it personally, bought at 9, it's now at 5. He is willing to hold, but wouldn't buy more.
COMMENT
COMMENT
April 19, 2007
Had bad luck when an avalanche hit their mine. Had to restart the mine. Just got new management. Continually have to issue new shares, which may result in a share consolidation down the road.
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Had bad luck when an avalanche hit their mine. Had to restart the mine. Just got new management. Continually have to issue new shares, which may result in a share consolidation down the road.
WEAK BUY
WEAK BUY
January 30, 2006
This is one of the juniors in gold that has not done very well. The company seems to call from one disaster to another. They have what appears to be a good copper play. Had problems because of an avalanche and are now in arbitration with the insurance company looking for $3 million. Speculation. Could go up 50/75% if they do well. A lot of shares are outstanding.
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This is one of the juniors in gold that has not done very well. The company seems to call from one disaster to another. They have what appears to be a good copper play. Had problems because of an avalanche and are now in arbitration with the insurance company looking for $3 million. Speculation. Could go up 50/75% if they do well. A lot of shares are outstanding.
BUY
BUY
September 6, 2005
Has a letter of intent with Rio Tinto (RTP-N). Had tremendous problems. Had to close down their operations because of an avalanche. Were looking at positive cash flow at this point in time, but that won't happen. In violation of their debt covenance, but probably not a problem with the group which likes them. A good speculative buy. Very risky.
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Cerro Grande Mining (CEG-T)
September 6, 2005
Has a letter of intent with Rio Tinto (RTP-N). Had tremendous problems. Had to close down their operations because of an avalanche. Were looking at positive cash flow at this point in time, but that won't happen. In violation of their debt covenance, but probably not a problem with the group which likes them. A good speculative buy. Very risky.
BUY
BUY
July 29, 2005
If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.
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If you are a believer in oil/gas and strong commodity prices, this is one way to play the oil sands. Higher risks as they are just in the process of developing.
WEAK BUY
WEAK BUY
June 7, 2005
Quite diluted which is a negative aspect. Bought at around $.09 and would look to get out at around $0.14. Good management. Likes that they are working with Rio Tinto, but at the same time the dilution kind of scares him. Lime aspect is good and could prove to be quite beneficial. A speculative buy.
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Quite diluted which is a negative aspect. Bought at around $.09 and would look to get out at around $0.14. Good management. Likes that they are working with Rio Tinto, but at the same time the dilution kind of scares him. Lime aspect is good and could prove to be quite beneficial. A speculative buy.
DON'T BUY
DON'T BUY
January 9, 2004
Likes the management. Tried to buy at a lower price. Targeted at $.14. Have some new financing now and could have a decent run, but not a fan of copper at this time.
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Likes the management. Tried to buy at a lower price. Targeted at $.14. Have some new financing now and could have a decent run, but not a fan of copper at this time.
WEAK BUY
WEAK BUY
December 5, 2003
Have followed the Company for 4/5 years. They are moving ahead with their projects in South America. Seems to have financing. Good management. Target price of 15¢ so there’s not a lot of gain. Excitement in commodities could move the stock higher.
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Have followed the Company for 4/5 years. They are moving ahead with their projects in South America. Seems to have financing. Good management. Target price of 15¢ so there’s not a lot of gain. Excitement in commodities could move the stock higher.
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Cerro Grande Mining(CEG-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Cerro Grande Mining is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cerro Grande Mining(CEG-T) Frequently Asked Questions

What is Cerro Grande Mining stock symbol?

Cerro Grande Mining is a OTC stock, trading under the symbol CEG-T on the (). It is usually referred to as or CEG-T

Is Cerro Grande Mining a buy or a sell?

In the last year, there was no coverage of Cerro Grande Mining published on Stockchase.

Is Cerro Grande Mining a good investment or a top pick?

Cerro Grande Mining was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cerro Grande Mining.

Why is Cerro Grande Mining stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cerro Grande Mining worth watching?

In the last year 0 stock analysts on Stockchase covered Cerro Grande Mining. The stock is worth watching.

What is Cerro Grande Mining stock price?

On , Cerro Grande Mining (CEG-T) stock closed at a price of $.