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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 motionproon Dec 08, 2011 5:15pm
267 Views
Post# 19305258

RE: Is this a Fraud or Real ???

RE: Is this a Fraud or Real ???have you done any DD at all into the overall market conditions?
Take a look around, anything that is just a piece of paper at the end of the day (like any stock certificate) is deemd to risky to hang on to these days.

The market is full of peaches like CAN right now, they had an incredible run so far that was absolutely adverse to their peers.

Even at this price, they are one of the best performers on the venture from 2009 prices.

I dont undertsand why so many here seem to think that CAN is special in some way and perceived somehow to be safer than something else...its not, if 2008 hits all over again, CAN will sink along with gold and the rest of the market.

There are even safer bets out there in the sense of more advanced and geopolitically stable (no knock on Tanzania, but it is Africa) projects and they havent even had the kind of attention CAN has.

Grades?
check

Cash?
check

43-101 resource calculation?
nope

Production/revenue?
nope

These are the simple facts.
If youre buying anything right now it should be for a quick trade, or a long, long term hold.

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