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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 Garthk17on Dec 06, 2012 12:09pm
306 Views
Post# 20693147

RE: Annual And Special Meeting

RE: Annual And Special Meeting

Canaco has been sitting on significant cash for a long time and have indicated that they are looking at ways to invest it, that would bring real value for its shareholders.

If management were to wish to improve their credibility, I would think that they are trying to strategically time an announcement.  If such is the case would they wait until the Annual meeting on December 21st or would they make an announcement prior inorder to appease all of the shareholders who have major concerns on how management has operated?

Be sure to exercise your proxy and send a message.

Garth

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