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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 STVPon Nov 16, 2011 9:43am
250 Views
Post# 19241267

RE: Shandong Gold offers $1B for Jaguar Mining

RE: Shandong Gold offers $1B for Jaguar Mining

Again, I remind people that CAN is looking some what similar to DAY befoe they got taken out.  All stokcs got hit in OCtober but DAY really got hit and continually stayed belwo $4 even though most of the other energy stocks rallied and analysts reaffirmed that their dividend was safe. Insiders were in a blackout period and couldn`t buy any shares at those low prices.  It then became clear to many as to why on any small rally, DAY kept getting sold down to the $4.50s range. Sinopec eventually bought them out for more than $10. Could Sinotech be doing something similar to CAN?

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