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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 Jan 12, 2012 12:55pm
188 Views
Post# 19396905

RE: RE: Well so much for that!

RE: RE: Well so much for that!

Maybe Andrew Smith got his head stuck in the cheap options honey pot, while gorging himself and they will put out a NR when they have all filled themselves. There is a possibility it could come after the bell, but delayed NR's is never a good thing. I think I read somewhere where Andrew Smith said they assay backlog was being cleared, maybe at the labs but there maybe a back log of Assays sitting in their offices. maybe they are too busy gorging to see the assays. There is a good interview with the CEO of US Gold and Minera Andes on Kitco. During it he is asked what should investors look for when investing in a company and his relpy is that the management should have their OWN money invested in the company and not just work for a salary and options, because when you have your own money on the line you have more incentive to increase shareholder value. This concept seems lost on CAN management. I hope we see a NR today, if not the SP will drift lower, but the good news it that will also lower the price of options.

ALL IMHO

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