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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 kensinon Mar 05, 2012 2:46pm
262 Views
Post# 19628399

RE: RE: DOWN 15%

RE: RE: DOWN 15%

I look at SVM and it being down . You can put a line of logic to it,  to a point. That whole SINO mess and false accusations . Look at the way they communicated with their shareholders over the issues. if they had not would they be $1.88 today instead of $6.88 and paying dividends? 

Does Canaco have a SINO connection?  Does it not seem a little strange that V.CAN would devalue 80% while other juniors averaged say 50%?  Is the land dispute still in the courts at the highest level?  What is the fundamental reason why the institutions dumped the shares on mass? Why has Mr. Earle gone completely silent?  Why is there no more conversation from the head geologist on Geita equivalent ounces?  What caused them to completely turtle?

I'm still a huge bagholder and before you berate my questions keep in mind that when they sold the financing at $5.40 you couldn't shut these guys up. Now they don't exist. What fundamental change took place inside that office that caused this result?  I'm hoping it's one issue that once fixed will allow them to get back on track. Remember the days where they went on and on about the mine firing up in 2015 at a recovery cost of $288.00   It seems like forever but it was only just over a year. Take a look at the news releases and notes from last years annual meeting.

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