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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 Apr 26, 2012 8:01am
89 Views
Post# 19837613

RE: There are Three Issues In My Mind

RE: There are Three Issues In My Mind

Garth, thank you!  IMO you hit the mail on the head.  I beleive the 10% options were/are/and will continue to be excessive.  I guess when you have 100mil in the bank you can afford to do battle with the regulators...  sad.. 

My opinion is that perhaps this is just a first look under the hood??  what if ...  CAN has the other drill holes and is\has been holding the release back and those results play a role in the grant of options?  who knows.. just a thought.

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