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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 kensinon May 28, 2012 4:42pm
322 Views
Post# 19953791

RE: The Video

RE: The Video

There is no correlation to what he says the potential is on the video or what Smith said in the AGM's and reallity!

 Sandbagging is also a sales tool however there was never any of that. Always this could be as Big as Geita (29 mil ounces ) and even more efficient to mine at $265.00 per ounce. Now CIBC is saying not mineable?

How could anyone in the mining business, as long as Smith,  not know the difference between 1 million ounces and 29 ?   Say what you like it's on video and in print. I hope they do pull a rabbit out of their hat.  Shareholders have a right to expect something substantially appropriate in the way of change when the sales job is so thorough that professionals buy $130+ mil worth of share at $5.40 and think they are getting a deal. If you think that Smith and his group care about $1.00 of lost money never mind the 8-900 million their shareholders lost and how badly that has crushed so many retail guys your dreaming. Well that works both ways.

They need to go.

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