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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 ANBCAon Apr 05, 2011 11:23am
296 Views
Post# 18387022

Look Away or Walk Away

Look Away or Walk AwayYou can't sell with out moving the share price lower and there is the ever present risk of another Short seller day where they dump a million shares and the resulting free fall will clean out another group of small investors.  Many of whom will move on.  There is obviously a reason for the drought in news and I won't speculate on what it might be.  I also doubt you'll get any reasonable answer to the question by contacting Canaco. 

You could ask of course if the Dr. signed off on the NSR etc or if he is contesting it?  If you get a straight up answer to the question everyone here would love to hear it. 

I'm just going to leave it alone for a month or so unless we get a good pop and at that time re-evaluate.

Good luck all!

JMHO

A
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