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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 Harvey633on May 19, 2011 12:01pm
258 Views
Post# 18600791

RE: RE: CONCUR WITH 49 MONARCH

RE: RE: CONCUR WITH 49 MONARCHIn retrospect, the only game plan I see is a deliberate attempt to drive down the share price - and brokerage houses, (won't mention any names), have been executing perfectly - and making piles of money in the process. The next support level is around $3.00 and it sure looks to me that's where we're heading. Maybe a new batch of stock options is part of the plan...anybody else want to take a crack at reading between the lines as Ike suggested?
So far, Patpostro has been right on the money in his predictions - whether we like them or not.
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