Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 cerebuson Jan 20, 2011 1:43pm
439 Views
Post# 18002718

RE: Forget SOC & the Dr. there are still problems.

RE: Forget SOC & the Dr. there are still problems.I am not sure you can say the dispute is irrelevant.  First CAN has stated in their news releases that there is a 1.4 kilometre long trend of gold mineralization.  The property in question lies smack dab in the middle and the hypotenuse is 360m or 25% of that trend.  Obviously CAN hasn't been able to come to an agreement to acquire the property or news would have been released.

The Dr is a significant shareholder of SOC and may be supporting them in order to force CAN to deal with SOC.

If 90% of CAN's market cap of + $730M is attributable to the 1.4km trend then how much is the property in question worth?  Has anyone ever asked the company if they had ever made an offer for the property either before or after the dispute became public?

A concern for all until resolved.
<< Previous
Bullboard Posts
Next >>