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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 ThisBSagainon Mar 12, 2012 11:45am
321 Views
Post# 19657592

RE: RE: Lack of information

RE: RE: Lack of information

Taylor 1988 - re. "Imagine buying something for $20 cents on the dollar for what professionals paid $100 M + for."

Those investors, most of us included, bought into the vision the management team provided and i suspect substantiated in some way.  if all those investors are so kosher with the situation explain the volumes of stock sold down from the PP pricing?

Please account for this sell of and reduced valuation of the company.. sure market is a factor, but also look at gold at 1700 vs. 1400.

Granted CAN is still a speculative stock, in my opinion strong management makes specualtive propositions to reality, thus realizing value.  Good management does not "sucking in Earle and other high-asset investors.."  just my opinion of course.

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