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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 cerebuson Oct 29, 2010 9:48am
266 Views
Post# 17629492

Property in question

Property in questionHas anyone asked CAN if they ever were offered the property before SOC picked it up?

Is it possible they looked at it before they did any drilling and felt the price was too high so they walked away thinking they could pick it up later if necessary?

Did they make a mistake?

Some hard questions I think the company needs to answer.

If this was the case then I would think that CAN may not be in the driver's seat as they have led their shareholders to believe. 

Time will tell and it will be an interesting ride.
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