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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 infoseeker99on Dec 06, 2011 11:30am
249 Views
Post# 19295411

RE: Very disappointing

RE: Very disappointingI for one think management did a better job of communicating early on, Buts thats when they had to prove themselves and the project to raise money. With 100+million in the bank and job security for the next couple of years,  with the ability to grant more options at a lower price. Life is good if you work for CAN, No worries, take your time, no need to rush. I noticed in the mailout they paid a $150k bonus last year to the CEO. I wonder if they will hand out bonuses this year and if so, what will it be based on? Share price? Slaaries go up, bonuses get pai, And remember, after they ride this horse as long as they CAN and sell , they simply move over to the TIG trough and get paid there. IMHO these guys have won the equivalent of "Cash for life"  that, and "Options for Life"  
Good Luck longs
ALL IMHO
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