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Candelaria Mining Corp T.CAN


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

Candelaria Mining Corp. is a Canada-based precious metals focused exploration and mining company. The Company is engaged in two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned advanced-exploration stage Caballo Blanco project located in the state of Veracruz. The Pinos Project is situated in the central part of the Mexican Republic, adjacent to the municipality of Pinos, in the south-eastern portion of Zacatecas. The Project is approximately 80 kilometers (kms) west from the city of San Luis Potosi and approximately 140 kms east from Zacatecas, the State capital. It consists of around 3,816 hectares comprising over 29 concessions. The Caballo Blanco Project is situated on the eastern coast of Mexico in the state of Veracruz, around 65 km northwest of the city of Veracruz. It covers over 9,650 hectares (ha) comprising over 14 contiguous mining claims. Its subsidiary is Minera Apolo SA de CV.


TSXV:CAND - Post by User

Post by infoseeker99on Mar 12, 2012 8:18am
344 Views
Post# 19656790

Lack of information

Lack of information

TIG put out more drill results on TIG today. That makes four NR's this year for a total of 38 holes. The same management has released one NR this year for 16 holes for Canaco this year. This smells. One company has $100+ million in the bank and the other less than $3 million, funny how the small company has a decent flow of news and does not suffer from the "backed up Labs" sundrome. The thing is the same management put up their own money in the TIG PP and have not bought into CAN in the market in any significant way. People like Canacr*p don't bash a stock unless there is reason to. I am thinking the reason here involves management and their poor performance. The question I keep asking myself, is management hiding something? and if so what? I certainly do not believe the "delayed labs" excuse. How can they or any pumper or misguided cheerleader defend the lack of results. They need to put out what they have now, so investors can make educated decsions whether to buy or sell. Here' a question for the board. Do you think management has put out results on a timely basis? ALL IMHO

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