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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 jstinveston Mar 06, 2012 4:46pm
483 Views
Post# 19635380

RE: RE: Scare Tactic:

RE: RE: Scare Tactic:

canagold, the truth hurts sometimes, believe it or not. PDAC is an event that in some cases is used as a "legitimate" way of sending fear into investors of some stocks  - obviously those investors who don't attend and speak to the companies for themselves. When you see these type of price drop at the start of PDAC obviously there are those investors who will think something was said to some attending that might have caused them to start selling their position. Opportunists uses these types of events to their advantage, especially when they want to pick up lots of shares at lower prices in a particular stock. Some may say this is just theory, but there are realities behind this - only protection is know what you are investing in well enough so that you don't get "scared" out of your position.

 

 

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