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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

Post by stockarchangelon Mar 08, 2012 10:33am
364 Views
Post# 19643081

Rumors

Rumors

Like the urban legend of the Boogeyman, the innuendo is starting to take hold.

"Something's wrong with the geology."

"Issues with the licenses."

"SOC lawsuit."

"Conspiracy to release the sweet holes first and dupe investors."

"Bre-X."

"Resource estimate will be late."

"Seeding the cores."

Yada, yada, yada.

Get a hold of yourself folks. Here's an interesting link posted by a nice gentleman on the HNDI board. It gives a non-geologist's neutral view of Handeni, the inherrent problems with the geology, and the potential. If you have to doubt, at least educate yourself on what you have. This guy didn't gripe and beetch all day - he took the effort, constructed his own models and came to his personal conclusions. While reading this, remember that this only includes Magambazi, and I don't necessarily completely agree with his methodology, but I do believe he's pretty close to being on the money. If HNDI has located 17 or so potential targets, it follows that CAN also has additional targets on its property and a better than even chance of expanding its resource significantly.

https://reminiscencesofastockblogger.com/2012/02/09/canacos-magambazi-deposit/

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