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.

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Candelaria Mining Corp > Tried to Fix What Couldn't be Fixed?

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Comment by ANBCAon May 21, 2012 12:22pm

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Post# 19930975

RE: RE: Tried to Fix What Couldn't be Fixed?

kensin you're correct perhaps on all counts. Time will tell.

The discount to cash though is very significant. I think there is a message there for those who want to read it.

"We need to see a far different managemnt style".

That is my 2 cents worth for today.

I would vote to sell off the ounces as mill feed to someone like Barrick and distribute the proceeds. Leave $10 million in capital for those who wish to stick with the team.

GLTA

A

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