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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 Psalm9012on Aug 11, 2012 12:37pm
261 Views
Post# 20207481

RE: Canaco exposed

RE: Canaco exposed

Remember last years glossy brochure, "We Can and We Will..."? Now I realize reading between the lines the rest of the brochure says, "...s crew the shareholder for whatever we can."

 

At first I thought management was simply incompetent, but now realize, as Danny says in his well written article, they also have no ethics with the issuing of the cheap options. Can you get any worse a combination of characters to lead a company?

 

Notice also that the TSXV 30 is dropping the company from its list.

 

With just a small position remaining, I will be exiting soon.

 

Greg  

 

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