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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 mephistopheles93on Apr 25, 2012 5:18pm
264 Views
Post# 19836082

My take...

My take...

Did management take advantage of insider information? In my opinion yes, just like management in most of the other juniors. They are all a bunch of pigs gorging at the trough. Unfortunately, most investor's just accept it as a cost of doing business. Kind of like paying the mafia run trash companies inflated fees. You know they are taking advantage of you, but they get the job done.

As for the lack of news releases on drill results and resource estimate, I think CAN is dragging their feet as much as possible until after the SOC extortion is behind them. Once the lawsuit is dismissed I bet we get a steady flood of news. June will be CAN's month.

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