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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 kensinon May 28, 2012 4:42pm
325 Views
Post# 19953791

RE: The Video

RE: The Video

There is no correlation to what he says the potential is on the video or what Smith said in the AGM's and reallity!

 Sandbagging is also a sales tool however there was never any of that. Always this could be as Big as Geita (29 mil ounces ) and even more efficient to mine at $265.00 per ounce. Now CIBC is saying not mineable?

How could anyone in the mining business, as long as Smith,  not know the difference between 1 million ounces and 29 ?   Say what you like it's on video and in print. I hope they do pull a rabbit out of their hat.  Shareholders have a right to expect something substantially appropriate in the way of change when the sales job is so thorough that professionals buy $130+ mil worth of share at $5.40 and think they are getting a deal. If you think that Smith and his group care about $1.00 of lost money never mind the 8-900 million their shareholders lost and how badly that has crushed so many retail guys your dreaming. Well that works both ways.

They need to go.

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