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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 moneycopon Sep 27, 2011 5:53pm
292 Views
Post# 19090671

Management doesn't care!

Management doesn't care!From my experience talking to management, it seemed they had no real answers for anything. Since they've made their money already there is no real hurry to get anything going so why should they really care! I bought this stock from $6 all they way down to 3.50 and gave up. There has been some glimmer of hope here and there but this stock has been a disaster! I blame management for this company's performance and all the losers that pumped this stock up lol. That bit of insider selling at $3.50 also shows no faith in the company. This stock can't recover unless drastic changes are made. The chart tells it like it is! I hope management gets mobbed by all those investors that have lost large!
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