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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

Comment by tanzdevilon Oct 02, 2011 11:40am
366 Views
Post# 19109040

RE: RE: IR response...

RE: RE: IR response...Retirnow,
Your explanation on how you got 70 ignores is perhaps the most honest thing I have read on these sites. I respect you for that.
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As for your contention that the inevitable collapse of the Greek economy will effect the price of gold and CAN's shares, I see that prospect in the opposite way you see it i.e. the price of gold will go up, not down, as a result. May I add that I have absolutely no energy to debate/convince anyone of the same.
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Perhaps you are justified in labeling me a 'pumper'. However, if you have a second, check the records here. I got into CAN at 45 cents last year. When I was saying that CAN was worth $6.00 last year, I got people calling me a pumper then too. After that, all the major mutual funds in Canada bought CAN at $5.40. Let me remind you all that when these mutual funds provide new financing, they demand a 15% discount on the current stock price and get it.
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 I will make the effort to convince those who are not sure, that CAN is being heavily shorted by one group. The company management on the other hand, continues to confirm and expand the deposits on site. However, the invested money is yours. The uncomfortable/scared investor here has the opportunity of selling and investing elsewhere, and especially where the other company's management is proving its gold deposits AND the stock price is going up.
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I hope the above makes sense. I have been faced with the task of consuming a barrel of banana beer and warthog today. Warthog, imagine eating a roasted pig with no fat at all.
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