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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 fwiw88on Nov 11, 2011 1:37pm
237 Views
Post# 19230486

Foobared

FoobaredBought this recently on spec. Losing along with everyone else. 

This company needs to put something more concrete out to get a reversal. It was hyped and it likely has promise ... but it needs to show something more than non regulated drill results ... there are way too many other companies in the price range paying their way by early production or have more advanced publications.

Market turbulence, World Politics, Tanzania Politics, and Shorts all playing parts in this.

I have 5 million ounces of gold under my house and my house is for sale w ocean view. send me some contact info if intested. Just take my word for it.... I am working on the papers and my cousin is a geologist.

So bottom line is its still speculative and in the crazy turbulent times people want to know they can get their money out in a hurry.

It seems like this one was trumped to high for bad times

It will eventually come back and lkely pay you more ....but looks like its lost for a while to me.

Still hanging on.

FWIW
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