Candelaria Mining Corp T.CAN

Primary Symbol: V.CAND Alternate Symbol(s): CDELF

Metals & Mining Gold

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.

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Comment by Gold8888888888on Nov 22, 2011 12:45pm

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Post# 19257826

RE: RE: RE: Compare

You are correct, not much in cash 5mil Canadian. Warrents were issued to the drill companies. Another 5mil warrents issued to raise cash.
Back to Can.V What are we investing in, a bank, or a gold company?
Cash is a good way to work out a personal buy price, mine is 2X cash, so $1.20.
According to the article "The “Five Ms” for Picking Gold Stocks" the next move will be in 2015, when Handeni becames a gold mine.
We have shares in this company, and are ready to wait.........until 2015.
Back to GSR.V I am sure that they will dot the i's and cross the t's, eventually. ?? Prepared to wait for that as well.

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