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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 infoseeker99on Nov 28, 2011 2:45pm
284 Views
Post# 19271869

RE: RE: Disconnect

RE: RE: Disconnect

Unless the  pace of results picks up (I hope it does and will be glad if it does) we will not get a 43-101 with all the holes drilled to the end of December. I would think there is still time to address the problem. It they are using three labs now why not contract a fourth or fith lab, or do as I read another company was doing and fly the cores back to a lab in Canada.  they certainly have the funds to do so. If this were done now there is probably still time catch up.

IMHO, I wonder if CAN management is doing everything they can to put out the best possible 43-101 by Q! 2012
unless things change I am starting to think that we will see a 43-101 that could disappoint, unless they get the number of assays up. The question is Do they want to get the most holes in or do they not think it is important to, and why not? Are they so focused on becoming a mine and not concerned about near term shareholder value? if that is the case, put out a press release and tell shareholders.
Bottom line is there is time to address the problem and they do not seem to be taking actions to do it.
ALL IMHO

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