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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 capebretongirlon Nov 03, 2011 8:47pm
347 Views
Post# 19207888

RE: RE: Momemtum Building

RE: RE: Momemtum BuildingI agree this is totally frustrating and difficult to explain - a positive NR on drill results and exploration on a big market up day with gold up over 35 bucks as well.  How could this stock not go up like everything else?  While I can't explain why, instincts based on facts surrounding CAN tell me that once it starts moving up, it will do so rapidly.  Rationale is the recent high volume, big time cash in the bank, proven gold count to date, and all that unexplored yet to be tested land - plus they have more drills at work than any other property I am aware of. Any objective look at this points to a grossly undervalued stock - I keep looking at TIG which has nothing yet and its only 40 cents back, not yet even close to CAN's league.  I have been buying on the dips and feel confident this thing will make CIBC, TD etc. prophets........
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