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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 infoseeker99on Mar 05, 2012 1:23pm
331 Views
Post# 19627888

reality

reality

The reality is as sad as it may seem, is that they have approx $100 million in the bank (enough for another three years salary if they stretch it out). They know their jobs do not depend on getting results now. they can just say its early and we will add to the oz's over time. Maybe that is where their arrogance comes from. There is a lesson to be learned, it is that you can own a stock and at the same time not give management your blind support. It is OK to question management when they fail in their duties and promises. Just because a good looking IR lady gives you some golf shirts and some muffins at the AGM is not a good enough reason to think they are necessarily truthful or competent 100% of the time. Praise should be given when praise is earned  ALL IMHO

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