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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 ilafalot2on Oct 28, 2010 3:41pm
404 Views
Post# 17625999

One Month or What?

One Month or What?SOC is making a bold statement of strength, but I am not buying it.

Seems to me the Commissioner wants Canaco to prevail.  The threat from SOC to forge ahead is hollow.

In the final analysis, the Government has an arsenal of weapons to force compliance, including mining extraction permits, building permits, access, power, etc

Obviously, I am biased, but my take is that SOC will be in deep doo-doo if they play hardball.  As we expected, Canaco has their sympathy after having been suckered by the upstart .
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