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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 moneycopon Oct 05, 2011 4:57pm
147 Views
Post# 19123003

RE: RE: RE: Oh lord, what do we do now?

RE: RE: RE: Oh lord, what do we do now?I'm not just simply venting about my loses here. I'm warning people too. I'm also pointing out how this poorly this stock has performed in comparison to its peers. I feel I'm the only one that is seeing this! Yes, CANACO isn't the only one hit hard and yes, the market has been in a selloff in the last month or so, but you'll notice that the solid promising juniors haven't been hurt has bad and recover substantially on a good day. With CANACO, it doesn't matter! It tanks harder than most of the stocks on a bad day and doesn't recover like the rest on a good day! The chart doesn't lie. Also there is NO INSIDER buying! Good promising companies like Copper Fox (CUU) have insiders that have bought up shares over the few months. They bought a wack load today and last week! They also own almost 50% of the company! If CANACO insiders havd faith in the company they would be loading up especially at these bargain prices. But they don't because they don't want to risk their own money in their own company LOL! I'm 99% convinced that CANACO is a dud and an awful investment in comparison to many other mining opportunities out there. Is that fair to say? I think so. Just look at the companies I've played with or mentioned and you'll see what I'm talking about. I don't have a college education, have insider knowledge, or know how to analyze graphs and indicators and $hit like that but I do know a dud when I see one.
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