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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

Comment by echo2on May 15, 2012 5:58pm
467 Views
Post# 19912767

RE: Thoughts

RE: Thoughts

Well said.

I just wonder if there is any recourse for legal action, with Megan at IR having told me only a few weeks ago that, while she couldn't give an quotable opinion on behalf of the company, my guestimates along with those of other analysts including those at Canaccord of 2-3 million ounces and over 3 g/ton grade were "definitely in the ballpark" of what the company expected with this resource release. I actually believed what I was told, bought more, and this has led to by far my largest loss ever in any market.

Deceived, completely. My obvious regrets.

I also wonder if the intial holes that were so promising were valid. And, will someone get pushed out of that helicopter sooner rather than later?

Will the execs come out of hiding, or are they just avoiding saying anything that a lawyer might get hold of and run with?

Take care

WKH

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