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.

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Candelaria Mining Corp

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Comment by ilafalot2on May 14, 2010 7:03am

390 Views

Post# 17098246

RE: Should hit a buck $

Forget about it.

SinoTech had a thousand companies trading at pennies to look at a year ago. They chose us as their public vehicle in East Africa in which to create value. Lucky us.

So far they have done an outstanding job IMHO. Wait till you see what they have next month with the Harvest Mining opportunity. (By the way I asked at PDAC why they didn't go for the other 30% of Harvest, and was told it was held by Ethiopian nationals close to the government, as I recall, and not for sale. That is a good thing).

Anyway, there is not going to be a takeover. Period. Enjoy the ride. You are in bed with capitalist/communist China. The good news is that they are very bright, motivated, and want to make money Western style.

Anybody got a problem with that?

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario