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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Comment by greymatteron Nov 26, 2010 11:10am
168 Views
Post# 17761939

RE: RE: RE: RE: RE: Xmas concert

RE: RE: RE: RE: RE: Xmas concertSo you buy a brand new lexus for $200,000 and love the car...your dream car.  You go over all the options and are happy with the purchase price.  When you go to pay for it and pick it up the salesman tells you that the spare tire will cost you $800,000.  You say to yourself...are you crazy..no way..I got the car for $200k and you want me to pay for a 'spare tire' for 4x that amount...take a hike!!!   What are my chances of needing this spare tire, especially at that outlandish price, I'm not going to pay 4x the price for this small 'insignificant' piece to the car...I don't need it to enjoy my new lexus.  So you drive the car for a few months and you are all alone on a remote highway in a snow storm without cell coverage and blow your tire and boy oh boy you would give anything for that spare tire now.

Do you think that this may have been the same decision process that CAN took 2 yrs ago...we won't need that spare tire...it's insignificant especially at that cost...we will take a chance!!!  Keep in mind that at that time they did not know what they had....
Food for thought eh!!!!

I'm not a pumper...I just believe in the possibility and to tell you the truth I may not have paid that kind of $ for the SOC property either...hindsight is a very imteresting...I own both CAN and SOC...everything will be fine...this will be a mine and the market cap will be huge...
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