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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

Post by pharmgirlsamon Apr 06, 2011 9:49pm
383 Views
Post# 18396766

spoke to Meghan

spoke to MeghanI had the opportunity to speak to Meghan today. I started by congratulating them on a great news release and she concurred.  Look folks, the amount of land and $$$$ CAN has is astronomical. This is not your average rinky dink company you have invested in. It is going to be a very big player in the months and years to come.  Some of you talk about buy outs. Ridiculous. This is a tightly held stock and they will not let it go unless they want to!! And trust me, they will not let it go until they are ready.
 They have five drills going until the end of rainy season, then, at least five more will be deployed. Rainy season has come late this year but they expect at least ten drill to be deployed in Tanzania in May and the others will turn in Ethiopia once all the legal paper work is done  for the financing and then spinning off the Ethiopian property ( I think that is what she meant).
 Good luck to all. Rome wasn't built in a day and neither will we be, but it won't take forever either.  PGS
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