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 ilafalot2on Jun 07, 2010 5:35pm

506 Views

Post# 17166219

The Downside of Instant Gratification

Last Monday was a whoopee day as we crashed the 75c barrier on heavy volume, to close at 79c bid. A week later after 9 miliion shares have traded hands we close at 78c bid.

Are we:

a) Disappointed
b) Nervous
or
c) Ecstatic?

And the correct answer is............

c)

And why? Becaus, the longtimreaders of Stockscores surely must know, the longer the period of consolidation, the grearter the next upward spike. Now, I know a week is not even worth talking about in terms of charting. Nevertheless, the fact that we have held the gain of last week on heavy volume in a shiity market is hugely positive.

There, I have now done my cheerleading for the day. (-:

Bullboard Posts

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