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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 ilafalot2on Nov 01, 2010 8:43am
258 Views
Post# 17638491

RE: drill results

RE: drill resultsFor my 2 cents worth, I would suggest that the bad news has already been discounted in the stock price.  This does not seem to me to be the time to be selling.  Chances are there are some institutional buyers such as TD, who have been absent lately, waiting for an outcome before acting.  For some clients they pretty much have to wait...for fairly obvious reasons

Never lose sight of the fact that this deposit may be huge.  You cannot afford to not be there, IMHO
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