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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canadian gold-copper exploration company with a portfolio of two highly prospective projects in Mexico. The Company owns 100% of the Caballo Blanco and the Pinos Gold Projects. The Caballo Blanco license area is located on the eastern coast of Mexico in the state of Veracruz, 65 kilometers northwest of the city of Veracruz. The most advanced project in the license area is La Paila, which is conventional open pit/heap leach mining operation targeting approximately 100,000 ounces of gold production annually. The Pinos mining property and historical mining district is located in the municipality of Pinos, Zacatecas state in north-central Mexico near the town of Pinos, Zacatecas. The property lies 405 air-kilometers northwest of Mexico City and is 67 km west-northwest of the city of San Luis Potosi, 113 km east-southeast of the city of Zacatecas, and 85 km northeast of the city of Aguascalientes.


TSXV:CAND - Post by User

Bullboard Posts
Post by ilafalot2on Jan 09, 2010 6:22pm
556 Views
Post# 16659873

The Case for Peeing in One's Pants

The Case for Peeing in One's PantsIt's always tough to know when to hold them and when to fold them.  Here's the cse for holding:

1.  Go to the Company's website and firstly look at the drill collar locations and compare them to assays

2.  Go to the 3D map and have some fun rotating the gold intercepts until they line up.  You can now visualise the mineralised zone.

3.  Now check out the scale and realise that all this good stuff occurred within 150 metres

4.  Finally appreciate the impact on the potential if the 3 shallow holes drilled 800 metres away (on trend) run.  And don't forget that the pit above them sampled 5 grams by chip assay over 5 m

Now why would I fold before we get the results?  I'm not sure the market would be horrified by failure.  But they sure as hell will be excited by success. 
Bullboard Posts