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.

TSXV:CAND - Post by User

Candelaria Mining Corp

Bullboard Posts

Post by yungcashon Apr 19, 2010 11:44am

565 Views

Post# 17006704

ANON is heavy on the stock

Only news I see is a new research report from Dundee that hit the tape at 11:21, just before the selling. Research report is titled "Drilling a New Discovery in a Fresh Region of Tanzania" and has a positive spin with a BUY rating (no target - "venture risk")

Could be something else going on, but I'd say this is a great opportunity for anyone who has some cash lying around to pick up some shares on the cheap. I see them rebounding to 50 cents once the selling is exhausted.

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