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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

Comment by motionproon Oct 05, 2011 11:22am
186 Views
Post# 19121066

RE: stock options @ 1.80

RE: stock options @ 1.80This doesnt seem like the kind of management team to let something like a purposeful drop in the share price to allow for a cheaper options price.

Wishful thinking or maybe grasping at straws to understand why CAN has gotten so much cheaper butt he fact is, CAN has now just joined it's peer group as there really isnt anything holding up since the US credit downgrade in August.

CAN feel because the markets stink right now and is very risk averse.
even with grades as CAN has reported and such a strong team behind it, this is still speculative stuff.
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