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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.


TSXV:CAND - Post by User

Candelaria Mining Corp
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Post by stockhaus1on Dec 02, 2010 4:06pm
287 Views
Post# 17791828

TD Newcrest Update

TD Newcrest Updatean excert from the analysts report today:

We believe this issue has caused the stock to significantly underperform its

peer group of exploration stage gold companies over the last two and a half

months. With complete resolution of the issue now appearing imminent, we

would expect the overhang this issue may have created to be removed in short

order.

More importantly, we believe the company’s confidence in a positive final

resolution could trigger the release of drill results from the project, which

have been pending since mid-September. As a result, we expect exploration

results will once again emerge as the primary catalysts for the stock over our

target price horizon.


Hello $6 next week?!?!

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