Candelaria Mining Corp T.CAN

Primary Symbol: V.CAND Alternate Symbol(s): CDELF

Metals & Mining Gold

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

Candelaria Mining Corp > Latest 12 month target prices

<< Previous

Bullboard Posts

Next >>

Comment by Rudee.on Nov 10, 2011 3:10pm

256 Views

Post# 19227413

RE: RE: RE: Latest 12 month target prices

Don't get me wrong, I think CAN is a great bargain at current prices, with significant upside. I just doubt we will see those targets reached in 12 months time. I do think it will go back over $4 though, and anything under $1.60 people should be backing up the truck. I took a small position (10,000 shares) at $1.55 today as part of my spec portfolio. Will add on dips.

<< Previous

Bullboard Posts

Next >>

Air Canada pilots could strike as early as Sunday