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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 stockarchangelon Jul 26, 2011 11:20am
357 Views
Post# 18873514

RE: If can hits 15.00...

RE: If can hits 15.00...I believe TD predicted a combined TIG & CAN price of $15. Here's how it can happen:
CAN continues to produce stellar results + 43-101 with resource estimate. CAN is taken out by a major at $10-12 (I've always maintained the huge PP was akin to "prettying" up the debutante). No way you raise $130,000,000+ without hinting at something magical in your pocket. TIG starts cranking out some exploration numbers, possibly even drill results - rises to $3-5 per share. Can it happen by Canadian Thanksgiving? I personally don't think so, but you never know. I do, however, think there's a 99% chance of all this happening in the next 12 months. August is almost here, vacations are ending and the markets will soon come to life as the big boys come back to work their magic. AIMHO.
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