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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 thomasriddle75on Apr 24, 2012 7:21pm
205 Views
Post# 19831368

RE: RE: Is this why no buying or selling?

RE: RE: Is this why no buying or selling?

kensin

Wasn't this disclosed in the prospectus from March 2011 and the quarterly reports that followed? It's not like this is the first we're hearing of this. Honestly, I'm not sure where the BCSC is trying to go with this anyway. Here they are whining about mgmt possibly issuing options to themselves (which they apparently made no money on whatsover) prior to releasing infill drill results while the vast majority of those here have issues with the decline in the share price, which is an entirely different matter altogether.

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