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Candelaria Mining Corp T.CAN


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

Metals & Mining Gold
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

Candelaria Mining Corp
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Comment by monmickon Mar 14, 2010 2:34pm
368 Views
Post# 16881294

RE: Bring On Some Bad News...Please!

RE: Bring On Some Bad News...Please!Just doing a bit of due diligence on this stock. I do not own it yet...

I'm wondering if the market may be expecting a financing soon? Seems to me that most of the cash has been spent on the acquisition in Ethiopia. Perhaps a house is even responsible for walking it down in advance of the financing.

Any thoughts?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities