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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

Post by kensinon Sep 15, 2010 12:47am
598 Views
Post# 17449323

Willmike

WillmikeWhile I appreciate your post and it's accuracy re: "The Release," There are a few on this board that have been calling for Can to be a major player for a long time. EG: DIRKMOTTO, ILAFALOTZ, ANBCA, JUSTLONG to name a core few. Just for laughs check out #28584111 prior to yours as an example.
In the next few weeks the story will unfold with N.R. that will support the $6.00 target. That target will not be raised until they hit in the two outlying mounds whose grab samples were very promising. (see website map targets) At $6.00 T.D. is discounting a minimum of 5mil ounces. The questions to be answered , is there 10-20mil or is this about it? What will the spin-off bring to the shareholders in Ethiopia? What is the exit plan for all these well placed bets? Is a buy-out already pre-arranged based on x amount of ounces? Will it wait for a feasibility study or a 43-101 or are these mute points with it being a Zone play? What would it take to have a billion dollar market cap. Is it 20mil ounces?   How much will the T.D. on tour selling machine widen the breadth of players? how long does it need to trade over $3.00 before someone tells the big hitters it has to be part of your portfolio? Just some late night thoughts. JMO
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