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

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Comment by don118on Apr 30, 2010 9:43am

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Post# 17047885

RE: RE: Gold is flying!! should be a good day here

Of course you are right re the pog but when one is in a gold stock, no matter how much gold has been found, when it goes up, the market reacts. IMHO this in turn will influence one to invest in gold or a gold play. Those who play the Majors will see a bounce while we might see more buys coming in. REES were hot, lithium, potash etc.. but gold affects people differently. Besides that, human nature being what it is, any pos is a plus.......:)
I've switched plays myself in times past. I am also in gold plays and seek them out. Next year it may be u308 again. Who knows?....:)
Regards
Don

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Options trading in a volatile macro environment