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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 builder1on Aug 18, 2011 4:47pm
416 Views
Post# 18957847

caught out

caught outHate to admit my foolishness, but I think alot of us got caught out by the financing,.... it's a classic pattern that a junior gets ahead of itself (or is pumped ahead of itself).... financing gets done, and the impetus to keep the stock running falls off until the company's business developmnent catches up. Alot of the ardent supporters posting on this board seem to be in the same boat. It's why it's so hard to be a retail investor,..... the retail investors helps get the stock up for an attractive financing, and then we're left in the dark wondering what happened. Now it seems we're at the mercy of whether this company CAN deliver.... just to break even! After all the promise, I'm really disappointed about the lack of news.
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