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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 capebretongirlon Apr 13, 2011 3:18pm
391 Views
Post# 18426412

No where to go but up from here

No where to go but up from hereReally.  What makes you so sure.  Unless we get a news release soon on positive developments of some sort, I see room to move a bit lower.  This is hard to believe, however there have been no NRs of late of any substance vis a vis actual gold finds.  I am concerned that a couple more drops in the gold price could result in another 2-30 cents lower.

On the up side, if we get an NR with good news, I see this thing propelling quickly to 7 bucks.  Lets hope for the latter with an NR tomorrow.......
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