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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 capebretongirlon Oct 22, 2011 10:19am
327 Views
Post# 19172852

RE: RE: RE: RE: Something wrong?6YPPX

RE: RE: RE: RE: Something wrong?6YPPXI'm as big a supporter as any of CAN, however something is seriously wrong here as BSX, KAM and others have recovered somewhat more than CAN.  Simple fact is that after the good NR we still sit within 3 cents of our 52 week low.  I get the feeling if CAN released results of 150 meters with 50 g/ton, it would go up a dime and then drop 12 cents.  I believe the SOC issue is dead and has no influence - after all there has been nothing of a contentious nature surfaced on this in months. Despite the market downturn, there has to be some issue we are all missing that is keeping this down.  As for takeover, I can't imagine any serious look at CAN by a would be pursuer until its 43-101 exercise is completed.  In the interim it could be a long ride as at the rate of assay results reporing and given the Dec 31 cut off, I don't see this exercise complete until April 2012.......
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