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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

Candelaria Mining Corp. is a Canada-based precious metals focused exploration and mining company. The Company is engaged in two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned advanced-exploration stage Caballo Blanco project located in the state of Veracruz. The Pinos Project is situated in the central part of the Mexican Republic, adjacent to the municipality of Pinos, in the south-eastern portion of Zacatecas. The Project is approximately 80 kilometers (kms) west from the city of San Luis Potosi and approximately 140 kms east from Zacatecas, the State capital. It consists of around 3,816 hectares comprising over 29 concessions. The Caballo Blanco Project is situated on the eastern coast of Mexico in the state of Veracruz, around 65 km northwest of the city of Veracruz. It covers over 9,650 hectares (ha) comprising over 14 contiguous mining claims. Its subsidiary is Minera Apolo SA de CV.


TSXV:CAND - Post by User

Comment by yungcashon Jul 23, 2010 2:50pm
400 Views
Post# 17292749

RE: RE: RE: RE: CZS.V following CAN's lead

RE: RE: RE: RE: CZS.V following CAN's leadSeriously, to the pumpers of these pieces of junk whose only connection to CAN is the country they're in, stop already! You're not going to convince any REAL investors on this board to buy them. Saying these stocks are "cheap" because they're at pennies vs. CAN is ridiculous. There's a reason these stocks are pennies, they don't have any gold! What you're doing if you buy those stocks is flipping a coin (a coin with fairly bad odds mind you). Why not just go to Vegas and put 10 grand on "00". That's what you're doing by buying CZS or SD or any of that other bunk that's being peddled here.

And it cracks me up to hear comments like "great leverage at 4 cents". What kind of leverage are you referring to? Operating leverage or financial leverage? Because that company has NEITHER. All it has is a 4 cent price tag because it deserves to. And until they actually prove they've got gold in the ground like Canaco has, you can find CZS and SD in the proverbial investment glossary under the "greater fool theory" entry.

Good luck to longs of CANACO and I salute those who are contributing to an informed discussion about the company.
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