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.

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Candelaria Mining Corp

Bullboard Posts

Post by ilafalot2on Oct 13, 2009 12:43pm

256 Views

Post# 16383824

Memories of the Titanic

We've got more damn icebergs on the sell side than the North Atlantic in May.

While it's never great for the stock price to confront a wall of unknown size, I take heart from the fact that buyers continue to take up shares at prices unseen before last Friday.

The demand is still there. I guess it's not surprising that institutions sitting on sizeable gains want to realise some. This kind of selling is not speaking to company prospects, but rather to cashing in. And that's O.K.

Eventually the overhang will clear---I hope!

P.S. Now that the World Series of baseball is upon us, did you know that Roger Maris led the league in strikeouts on his way to besting Babe Ruth's homerun record in 1961?

Bullboard Posts

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