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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 infoseeker99on Jun 05, 2012 9:23am
354 Views
Post# 19980447

Appropriate staffing?

Appropriate staffing?

With not much happening other than a PEA being performed by a third party, it should see reasonable that Canaco lay off some staff. Cut a few positions which are not necessary. Maybe Andy should do IR or is he too busy with all of his other projects (ie, gold property in Russia)?  It seems these guys do not live in the real world. $95 million will pay their salaries for a long time while they are out working on other projects. I agree with Kensin and I hope the BCSC digs deep into their dealings. It seems they are the poster child for what is wrong with the Venture exchange  ALL IMHO

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