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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 Mar 16, 2012 3:45pm
351 Views
Post# 19682733

This is it, the bottom WAS in at .94

This is it, the bottom WAS in at .94

I've spoken with Meg Brown and Nick Watters over the last year and I have to say I haven't been too paitent, yes I admit, but I am seeing now that despite the fact that this management team may have fumlbed a bit they are continuing to drill and report great results, the RE and PEA are underway and coming up and more results on the way.  

Those who said, there is no gold, a scam, what planet are or were you living on!? Seriously. I agree that the financing was bit of luck on the market timing, BUT they have the cash now to make this a WORLD CLASS gold discovery and economical mine.

Are we undervalued, indeed we are, and there is much more upside now then downside.

Let's hope next week we continue our much deserved recovery and climb to where we should be trading, which IMHO is between 2.20-3.00.

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