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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

Comment by motionproon Jan 05, 2012 11:10am
332 Views
Post# 19372482

RE: RE: RE: RE: RE: RE: RE: Not a Double Bottom

RE: RE: RE: RE: RE: RE: RE: Not a Double Bottom

Im sure CAN will one day have over 5 million ounces 43-101.

but mark my words, the maiden 43-101 will not break 2 million ounces, this will still be an incredible accomplishment for CAN to have established that much gold in so little time.

CAN has had its run, that doesnt mean they wont have a mine one day but I dont understand where people like rockstar seem to think CAN is somehow different than every other junior gold explorer that has a legitimate shot at creating a producer...

 

I think CAN is clearly in the top tier of grassroots venture deals but you take away "top tier" and "of" and all you're left with is grassroots venture deal.

 

CAN will have a few bumps, pops and busts but the next significant leg up wont be seen until there is a pea or they get some heavy handed chinese money coming back into the open market which is actually a very real possibility.

 

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