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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 thomasriddle75on Mar 30, 2012 12:17pm
376 Views
Post# 19739006

Maybe a "copper" lining for those watching TIG???

Maybe a "copper" lining for those watching TIG???

CAN volume now 1.8M and counting. I don't agree with how things have been managed, but maybe NR was done today to flush as many out of this stock as possible for month end? Other than sheer incompetence, I see no reason for waiting until the last day of the month to do this. Hey, if they really wanted to throw everyone for a loop in April, they could. No one is expecting anything to happen for weeks.

Now TIG volume has suddenly spiked to over 500k, but stock is more or less unch'd today. Not sure what to make of this. In a way, I can see why this spin out was done now. Management has another opportunity to get it right (or at least less wrong) with TIG. Will they make the most of it?  Time will tell...

Anyhow, I will check back in sometime in May. It's looking like the S&P is heading to new highs in April, so keep your heads up everyone...and Ike, no hard feelings, ok?

Cheers and GLTA

TMR

 

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