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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Post by fwiw88on Nov 11, 2011 1:37pm
239 Views
Post# 19230486

Foobared

FoobaredBought this recently on spec. Losing along with everyone else. 

This company needs to put something more concrete out to get a reversal. It was hyped and it likely has promise ... but it needs to show something more than non regulated drill results ... there are way too many other companies in the price range paying their way by early production or have more advanced publications.

Market turbulence, World Politics, Tanzania Politics, and Shorts all playing parts in this.

I have 5 million ounces of gold under my house and my house is for sale w ocean view. send me some contact info if intested. Just take my word for it.... I am working on the papers and my cousin is a geologist.

So bottom line is its still speculative and in the crazy turbulent times people want to know they can get their money out in a hurry.

It seems like this one was trumped to high for bad times

It will eventually come back and lkely pay you more ....but looks like its lost for a while to me.

Still hanging on.

FWIW
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