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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 ANBCAon Apr 25, 2012 8:15am
278 Views
Post# 19832666

Just Another Kick to the G___n

Just Another Kick to the G___n

A very frustrating ride this has been.  The Market has spoken loudly with respect to Canaco's management style, IE "less than an appearance of transparency".

Furthermore only an idiott could believe the infill drilling results are not material.  Are they not a "check & balance" to legitimize the initial drilling?  Why are they required for the 43-101 if they are not material?  This kind of B.S. is paralyzing the share price.  No doubt some of the institutions who bought into the placement at $5 +++ are behind this latest action and no one could blame them.  I would love to know if that placement was in fact marketed as a short sale opportunity.  If so some jail space is needed right away.

If not lets clean up the act and be more forthcoming with drill results etc.  If the story is as good as it was touted two years ago then lets get the job done and live up to those expectations.  Shareholders deserve better than what's been served up the last year or so!

 

JMHO

 

A

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