Candelaria Mining Corp T.CAN

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

Metals & Mining Gold

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.

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Candelaria Mining Corp > Selling picking up speed now...

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Comment by ThisBSagainon Jan 17, 2011 12:05pm

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Post# 17983959

RE: Selling picking up speed now...

Hey Mike.. you seem like a knowledgeable guy. What happens on the TSX in a situation where a shorter shorts a stock down and then the co. declares a spinout. Are the shorted shares transferred at the ratio of the spinout in the new entity? ie. if a guy was short 100,000 shares in CAN and they announced a 2:1 (2 CAN : 1 spinout) is a 50,000 share short created in the spinout? or does the short position need to be cleaned up?

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