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Candelaria Mining Corp T.CAN


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

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

Comment by jstinveston Mar 08, 2012 8:32am
271 Views
Post# 19642180

RE: Valid Reason for the Sell off:

RE: Valid Reason for the Sell off:

What would be shocking is if Brent got access to data from the company that was not available to the rest of the public. The last news release I see is from Feb 29th and it's a positive one. So if Brent told his subscribers over the weekend some negatives on CAN, it would be interesting to know what made him change on CAN suddenly. I think it has to do with his game plan of getting into things that are very early stage and maybe he wants those subscribers to follow him into an earlier stage stock.

 

By the way, saying you visited the camp site in the past on BNN doesn't make you know more about CAN resources potential than anyone else that has access to the assay results. This is not a mine as yet and
all you can see from visiting the site is flat ground with some drill holes in it. You certainly cannot tell what the potential is from visiting the camp site.

 

So unless Brent got access to material information recently that the public doesn't have access to as yet, there could be legal issues around that so I wouldn't worry about Brent selling his position, I just think it has more to do with his "game plan" (get into earlier stage stocks).

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