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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 ANBCAon Oct 07, 2010 3:18pm
227 Views
Post# 17541808

RE: RE: RE: RE: RE: Dividend

RE: RE: RE: RE: RE: DividendThe dividend is a bonus.  As for Ethiopia it may seem like a harsh place to do business but I'm sure the Yukon was every bit has inhospitable years ago.  It was mentioned a few months ago that Afghanistan had billions in mineral wealth.  The key to these Countries futures lies in how they capitalize on their inherent wealth. 

The Chinese factor here brings a different dynamic to the table when dealing with these Nations.  Where many detest the European and American attitude either perceived or real depending on your position many will be far more open to doing business with the Chinese involved. 

This is just my take on the information that I've seen.  I'm very hopeful that Canaco's management and ownership mix will be one of its greatest assets moving forward. 

All personal opinion, do your own DD.

Regards A
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