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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

Comment by kingyahooon Oct 07, 2010 3:01pm
261 Views
Post# 17541698

RE: RE: RE: RE: Dividend

RE: RE: RE: RE: Dividenddanche, I came late with CAN and when I bought, I did not know where the gold was, but somehow thought it was in Mexico. I have been too busy with other stocks. Then I found out it was in Tanzania, no sweat. Now I just read the September PR you just attached. Personally, I would not touch anything in Ethopia and I am not going to repeat what I said about AAA and others about the location. But, if CAN wants to spin off another company with its Ethopian asset, with shares going to CAN holders, I am not a bit excited. If you haven't, just look at the map. I have been to Ethopia and frankly, I do not know how the Chinese are going to get their stuff out, unless they use FEDEX. 

The market being as volatile, those long, stay put if thattheir decision. This morning, I just decided I would sell all at $3.30. Luck had it that the opening bid was above and it gave me an extra .51/2 cents per share.
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