Candelaria Mining Corp T.CAN

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

Metals & Mining Gold

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.

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Candelaria Mining Corp > Are These Results Considered To Be Good?

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Comment by Durkastanon Aug 03, 2010 10:31am

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Post# 17316854

RE: Are These Results Considered To Be Good?

Classic case of sell on news.

The SP ran up 30%+ pre-NR. Clearly the news had already been discounted, and maybe some.

The news is good. The strike has been extended, and the ore body continues to become larger and better defined. There will be many releases like this over the coming months - you can play the trading game and try to time peaks and troughs, or just let the day traders do their thing and endure the swings.

I'm tired of trying to time it - I've missed out on a lot of gains trying to get cute.

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