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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 infoseeker99on Jan 31, 2012 5:25pm
387 Views
Post# 19471574

RE: RE: CAN & TIG

RE: RE: CAN & TIG

TIG suddenly announced that they are drilling in a new area. Lets not forget that the TIG PP was taken out by insiders and family/friends at a time when CAN SP was "depressed"  they decided to use their funds in TIG instead of buying and supporting CAN in the open market, as they saw more potential return in TIG, only problem is TIG dropped. I think the "new" area was the "ace in the hole" or rainy day card that they were holding and seeing as it is a rainy day at TIG they are going to drill this zone now and release results. I am betting that the "new" zone results will be a game changer for TIG. Remember the Chinese had been on the property for several years before CAN got the property so we can probably assume that the "new" zone is a little more than a guess on where to drill. ALL IMHO

 

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