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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 redgreenblueon Mar 15, 2011 6:04pm
334 Views
Post# 18290116

RE: RE: RE: RE: RE: RE: Missed the Sale

RE: RE: RE: RE: RE: RE: Missed the SaleI heard on the news last night where someone speculated that if the back-up generators had been installed well above grade level, there would not have been an issue.  The power stations were built to withstand earthquakes but someone put the generators in the basement and when the tsunami hit, sea water got in and damaged the generators.  Had they been installed at about 40' high, we probably wouldn't be seeing all the various meltdowns, markets included.  This was just talking head on TV so who knows.  Although engineers have been known to make catastrophic mistakes before.
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