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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 Juice2on Jun 11, 2011 12:34am
582 Views
Post# 18702078

CAN etc

CAN etcGood evening board members. I don't post very often but I read the board of CAN regularily. I am a very patient investor that is in for the long term. Presently I don't trade very often. I am a 'long' holder on all the stocks I own. I am very much invested in the gold and silver juniors. I believe I am in juniors which are more than just moose pasture. I can tell you there are lots of companies running around here in the Yukon hoping they will find something on their moose pasture properties. Exploration $$$$$$$$$$ in the Yukon are to be around $350-400M in 2011. I know this because I live here. If anyone is interested you can (from the public) sign on to a site YESAB which wll give you notices of any applications for permits here in the Yukon. I have taken this option and get regular updates in regards to how the permitting for exploration permits are going.

Patience is a virtue. As Thom Calandra said in his column today he is down about 38% since April. I can identify with that. I haven't sold 'one' share since accumulating shares in many companies over a $1.00 since the fall of 2010.

We still might go through some severe volatiltiy in the next few months, however those who have the courage to hang on I believe will be rewarded. The relationship between companies and the ups and downs of gold and silver are a complete disconnect.  I am of the same opinion as Calandra in his today article on Stockhouse.

Hang in there folks until after the 28th. I blieve that we will be rewarded.

Cheers
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