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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 Garthk17on Jan 20, 2013 11:18pm
216 Views
Post# 20864336

Question

Question

The fact that Lock resigned from the Board, does this mean that he no longer is considered an insider?  It is my understanding that he gives up any claim to Options assigned while an insider, is this true?  Personally there were no tears with his resignation.  The optics of his insider trading did nothing to move the share price forward.

I wonder who the CIBC seller is and whether he/she will be around come Monday. 

Hopefully we will start seeing some results soon from the partnership. 

Garth

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