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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 tanzdevilon Nov 26, 2010 11:12am
306 Views
Post# 17761962

Other Tanzanian plays

Other Tanzanian playsSince I will be on safari for the next few days and wont get too many opportunities to post, for those interested, take a look at MDN on Toronto.


MDN is by far my largest holdings in Tanzania. African Barrick operates a small mine for them and MDN receives a constant cash flow. Very recently, MDN has started coming up with decent results on other properties.


It is now trading at 45 cents which I think is half the price where it should be.


I have been following this stock with an eagles eye and in the past few days have noticed unusual activity.


Please do your own due diligence folks.


You could also wait till when news is formally announced or till when the stock market starts to reflect the new developments.

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