Candorado Operating Company Featured in Mining Journal - Focused on Three Alkalic Copper-Gold Porphyry Projects in BC Ripe with Potential
3/5/2010 1:47:27 AM - BSR
Mar 05, 2010 (BAYSTREET NEWSWIRE via COMTEX News Network) --
Mining MarketWatch Journal has published a review on Candorado Operating Company Ltd. (TSX VENTURE: CDO) (Frankfurt: HQU) (Pink Sheets: CDOOF) offering insight and opportunity afforded investors. The risk-reward characteristics are highly advantageous for investors establishing a long position in CDO.V as the current market cap relative to the inherent value of their copper-gold porphyry projects seems disproportionate. CDO.V is focused on three copper-gold projects in British Columbia, one ripe with potential in the Stikine Terrane adjacent to Red Chris where government commitments to power transmission will see one of the next big mine openings in BC and two in central and southern BC within the Quesnel Terrane (Quesnel Trough).
The full review and valuation commentary may be found at https://miningmarketwatch.net/cdo.htm online.
With only ~60M shares outstanding and trading under CDN
.10 CDO.V is poised for significant upside revaluation. Candorado's Man-Prime copper-gold project alone justifies a market cap significantly larger than the current and planned activities on all three projects should see the inherent value reflect in the share price appreciation as the significance of what CDO.V possesses is better understood by the market place.
Each project offers major copper-gold porphyry discovery potential and potential catalysts on three key fronts make CDO.V an undervalued and exceptional risk-reward scenario. Mining MarketWatch provides insight into each of these.
1) Eldorado Project - Stikine Terrane, BC (100% owned) adjacent to Imperial Metals Red Chris where recent developments have opened the area for rapid development and will see BC's next multi-billion pound copper and multi-million ounce gold mine.
2) Man-Prime Project, Quesnel terrane, BC (100% owned) near Princeton. The project was previously owned by two separate companies; the Man and Prime Zones have copper-gold deposits, often with high gold values relative to coppery.
3) Murphy Lake Project, Quesnel Terrane, BC (100% owned) with key ground that sits within 1 km of Fjordland's Southeast Zone.
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. The term investment advisory refers to the fact the reader is being advised there is a publication on an item that is also an investment, and not advice to buy or sell. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL.
Contact Information:
James O'Rourke, Editor
Mining MarketWatch Journal
editor@miningmarketwatch.net
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