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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 aardvarkson Dec 20, 2010 10:27am
244 Views
Post# 17869985

Don't think that's it - SP to drop

Don't think that's it - SP to dropThe share price is dropping along with most golds this morning, but you have to remember that this stock had a
great run-up to the AGM on drill results, nothing more.  Seasonality comes into play as well.  The big boys are
headed off to the Islands for the holidays, and the little guys are skinning those they can to make some money.
Trading will be thin.  Still, this stock is not going through anything that others don't go through, namely a healthy correction to weed out the weak, scarred, and inexperienced.  That's how it is in this world.

I'm waiting it out, looking for the right opportunity again to buy.  I'll probably see you all in the New Year. 

Merry Christmas and and Happy New Year to all!
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