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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 moneycopon May 16, 2012 12:43am
395 Views
Post# 19913926

I told you so...

I told you so...

OK, last time I promise!

As I said before (many many times) there were obvious red flags have made this stock one to avoid completely!

1) The steady fall in the SP that had nothing to do with the market conditions.

2) A string of drill results that failed to impress.

3) The severe lack of communication and accountability by what appears to be shady and incompetent management.  

4) The never-ending drama with SOC and the local gov't.

5) The near-absolute LACK of INSIDER BUYING throughout the downhill slide.

You never needed to be an analyst or needed to have insider knowledge or even read my newsletters to see that CAN was a complete disaster.  

After my prediction coming true, Its probably wrong of me to gloat 'I told you so' after many people lost a whole lot more money today despite my repeated warnings. All I hope is that there are no hard feelings and that the next time someone trashes a stock that you believe in, don't be quick to discredit the person because you never know that they could be right!     

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