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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 CCKon Mar 14, 2012 12:21pm
295 Views
Post# 19668673

Ugly

Ugly

Looks like a bloodbath.  Am quite surpised to see the share price break a $1.  Spoke with Megan earlier this week and got the standard response - company is focusing on operations and cannot control share price.  It shouldn't be surpising to her that shareholders are going to be calling questioning a declining share price and seeking an explanation.

Continue to be long; on the train for some time, so gonna ride it out...

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