Candelaria Mining Corp T.CAN

Primary Symbol: V.CAND Alternate Symbol(s): CDELF

Metals & Mining Gold

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

Candelaria Mining Corp > Rick Rule good read on the Jr market

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Comment by squidlyon May 18, 2012 12:12pm

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Post# 19925821

RE: Rick Rule good read on the Jr market

Nice article so...Irrespective of the 1mm oz at magambazi what does this cash position mean to Canaco...I suspect a lot. They need to make the right strategic decision. I imagine they want to see the return of shareholder value here as we all do

if this project is enticing to someone JV it and let's take the 100mm and get the market cap back to $500mm

thoughts?

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Investors eye Australian gold mining projects amid promising developments