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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 stockarchangelon Jul 26, 2011 11:20am
358 Views
Post# 18873514

RE: If can hits 15.00...

RE: If can hits 15.00...I believe TD predicted a combined TIG & CAN price of $15. Here's how it can happen:
CAN continues to produce stellar results + 43-101 with resource estimate. CAN is taken out by a major at $10-12 (I've always maintained the huge PP was akin to "prettying" up the debutante). No way you raise $130,000,000+ without hinting at something magical in your pocket. TIG starts cranking out some exploration numbers, possibly even drill results - rises to $3-5 per share. Can it happen by Canadian Thanksgiving? I personally don't think so, but you never know. I do, however, think there's a 99% chance of all this happening in the next 12 months. August is almost here, vacations are ending and the markets will soon come to life as the big boys come back to work their magic. AIMHO.
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