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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 canagoldon May 24, 2012 2:35pm
197 Views
Post# 19942928

IKE, Annleek and all CAN retail share"bag"holders.

IKE, Annleek and all CAN retail share"bag"holders.

Buy T.VTR -> Volta Resources (this is what CAN should have been)

Why?

->PROVEN 5MM OZ of the golden stuff

->Low grade, high tonnage (just under CAN's low grades)

-> Massive blue sky potential at Kiaka South with HIGH GRADE starter pit, look at the previous results at South Kiaka, high grade at surface and along strike, amazing results

->South Kiaka results due out any day now, look at the VTR board for videos by the CEO and COO (that is how management should behave)

-> just over $35MM CASH on hand

-> 2012 focus is drilling over 100,000 meters 

->Trades on TSX, not the TSX-V 

-> Professional management team with detailed corporate materials, presentations, budget breakdown

-> Decent float of shares outstanding

-> Other very promising projects, not just a one trick pony

-> Madien RE being released for Kiaka SOuth in early Q3 2012 -> VTR management as almost always delivered ON TIME and UNDER BUDGET 

-> Under 1.00, undervalued and blue sky potential at Kiaka South 

-> Excellent flow of news and timely market and investor communications

 

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