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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 canagoldon Mar 16, 2012 11:36pm
483 Views
Post# 19684159

RE: Sleep

RE: Sleep

I love CAN management when I read this! We have SO much cash that we don't need to go the market for a VERY long time. Our grade and will be much HIGHER then BAT. Our cash costs will be much LOWER then BAT and lastly our recovery will much HIGHER then BAT. GTLA.

awful results
2/27/2012 10:58:22 AM | | 712 reads | Post #30728081

hard to see much here to like.

lousy grades and as a result probably massive dillution coming if they're to raise the cash needed to move project forward.

they spent $15 million last year and if memory serves have only $2 million cash on hand now.

out at $2.10 today with a (very) small profit

GLTA

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