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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 Lockheedon Oct 21, 2011 4:33pm
303 Views
Post# 19171750

RE: RE: RE: Something wrong?

RE: RE: RE: Something wrong?Hi there Ike,

Not to be negative, but I was talking to a friend who works for a large investing instution and believes that the SOC fiasco may still be hovering over Canaco's head.  Investors may be waiting for the outcome before jumping in.  The company however may not believe this is the case.  When looking on SOC's website, you will still see our property posted there.  Maybe it will be removed once the Tanzania courts turn down SOC'S appeal.  I would of thought that this would of been done by now.  By looking at SOC's trading activity and share price maybe would suggest that this may be a losing battle.  I am hoping that the appeal happens much sooner than later. 

Nevertheless,  I still feel that Canaco has the goods and will be moving up shortly.
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