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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 Ahsanon Oct 25, 2011 4:19pm
212 Views
Post# 19180421

RE: RE: Maybe It's Just Europe

RE: RE: Maybe It's Just Europefor 5 or 6 bucks Can will have to bring out some decent results and i mean some seriously decent results. by the way TD lowered its target of Can to 5 from 8 on October 5. right now buying is pointless because i dont see any news coming till the end of the year. we will see some results from holes in january with the initial resource estimate in march. i seriously think this next downturn in the markets will bring Can down to 1 - 1.20. its so clear everytime someone buys there is an automatic sell by house 79 (cibc) and 99 (jitney). this shows to me that they dont even care how many ppl buy or what is going on in the markets (whether market is going up or not = yesterday and gold going up or not = today). they have it at automatic short/sell. traders = 2,101, 9, 44. shorters/sellers = 79, 99, 1. only one good thing i see is that the volume (back to back 1 million days) has picked up which is a good sign but the stock still needs to go up which is not happening. lets see where it goes but i am very bearish on the next 1.5 weeks. till next friday. stay out and come back in december when everyone is selling for tax loss. cya around
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