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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 canagoldon Nov 17, 2011 1:50pm
332 Views
Post# 19245732

Depressive...Management talk to you shareholders!

Depressive...Management talk to you shareholders!I never thought, truly never, that a company of this potential would be destroyed liked this in terms of investor confidence, it's is completely gone.
Has anyone been able to reach Meg Brown at IR or Andrew Smith or Nick Watters? I met these folks all at PDAC in Toronto in March of this year and since then it has been a steady flow downwards. But this? I have to recall the day I say the Andy Smith's presentation in Devner with a market cap of 650MM, we are now down a staggering 61%, in percentage terms to get to 3.50 and that market cap today CAN would need a rally of over 100%, 100% folks, think about that. 
I am calling IR today and don't the tell you that everything is fine, I find that, an old timer in the markets very hard to swallow and believe. 
As shareholders, it's our money and we demand some answers rather then the standard bs boiler plate response I had the pleasure of  hearing last time.
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