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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 Apr 08, 2011 5:03pm
272 Views
Post# 18407254

RE: anonymously yours, All makes sense now!

RE: anonymously yours, All makes sense now!Ike details have been lacking for sometime.  Conboy different to see you in this mood.  Usually you have an issue with my view. 

Well the issue of stock options to me is the piece of the puzzle that's been missing. 

If I'm correct I will assume the TSX listing will take place next couple of weeks and the Assay results we've all been waiting for will also miraculously show up. 

They had to get the share price down to give themselves the stock options at a good price.  It is also likely more trouble granting stock options once you're on the big board. 

So let the share price languish a bit and give a couple of less than stellar NR's and bingo down goes the price.  All part of the major plan in my opinion. 

You watch now it will be straight up from here and everyone will be jumping up and down calling them heroes again.  If I'm right and this is in fact the case it may be interesting to see if someone takes them to task.  Have these antics been in the best interest of the company?  Well now we just have to wait and watch. 

Regardless of the outcome I have no love for the management here.  This is strictly a profit making game for me and as we've all seen they have played it to their advantage as well.  Don't let the emotion get in the way.  It is a dog eat dog world out there and you have to play the game the best way you can. 

Ike may end up the big winner here if he holds through to the finish line.  But don't let on for a minute that this could not have been a much smoother ride and played out in a much more shareholder friendly fashion. 

JMHO

A

Enjoy a Sunny weekend everyone!
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