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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

Post by Retirnowon Jun 21, 2011 12:47am
379 Views
Post# 18741819

Hedge funds are having fun

Hedge funds are having funWell I really don't post here often but I have to say the Hedge funds are making a killing at these prices and every time you sell you make someone very happy.  I couldn't help myself and sold off some of my other holding to buy more CAN if this goes under $3.00.   All the gold and silver companies are being hit hard by short sellers and this company is no different, hopefulyy we are reaching the lows.  Once this turn around I do believe there will be a quick turn around as everyone won't want to be left behind.  As the saying goes buy when everyone is about to shoot themselves and sell when everyone is dreaming of making millions.  All you have to say to yourself Gold has not gone down at all and yet all the gold and silver companies SP are all way down.  Fundamentals will always eventually win over, keep your shares and you will be rewarded this company does have gold and lots of it.  IMHO 
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