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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 Dec 14, 2011 11:01am
227 Views
Post# 19321040

RE: WOW ! SCARY !

RE: WOW ! SCARY !Depressing stuff as we have seen very little in the past two months to encourage anyone.  As for management, I really don't think they can do much right now to turn this around.  Europe is sinking and any solutions there will only be short term due to horrible fundamentals and the US is seeing 17 year record unemployment.  This is approaching a threat level  with the global potential to go beyond recession and I fear we are early in a very very bad cycle that will devalue everything.  For the long longs, CAN will eventually pay, but it might be quite a wait......
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