Candelaria Mining Corp T.CAN

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

Metals & Mining Gold

Candelaria Mining Corp. is a Canada-based precious metals focused exploration and mining company. The Company is engaged in two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned advanced-exploration stage Caballo Blanco project located in the state of Veracruz. The Pinos Project is situated in the central part of the Mexican Republic, adjacent to the municipality of Pinos, in the south-eastern portion of Zacatecas. The Project is approximately 80 kilometers (kms) west from the city of San Luis Potosi and approximately 140 kms east from Zacatecas, the State capital. It consists of around 3,816 hectares comprising over 29 concessions. The Caballo Blanco Project is situated on the eastern coast of Mexico in the state of Veracruz, around 65 km northwest of the city of Veracruz. It covers over 9,650 hectares (ha) comprising over 14 contiguous mining claims. Its subsidiary is Minera Apolo SA de CV.

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Candelaria Mining Corp

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Post by beermountainon Sep 14, 2010 10:58am

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Post# 17445695

Gonna enjoy the ride now!

Gonna enjoy the ride with CAN now. Absolutely explosive. It may do fib retraces but I'm planting my ar$e.

Regarding Barrick, never say never.

Regarding HPY (26 cents and 33 million shares):

1 gram gold is $40
12% moly is like 100 gram gold. They won't drill that. but property showing.
1% tungsten is $250 so worth about 6 gram gold.
5% tungsten is $1250 or 31 gram gold.

Usually moly of 0.1% is what is mined.

Drilling their moly/tungsten and drilling their gold next. 2 drill rigs (other is drilling their copper). I'm hoping HPY will turn into a diversified CAN! Glad bought more.

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This junior mining stock offers billions in market exposure