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Candelaria Mining Corp T.CAN


Primary Symbol: V.CAND Alternate Symbol(s):  CDELF

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

Post by canagoldon Aug 19, 2010 9:08am
415 Views
Post# 17364423

New to CAN

New to CANHey everyone...I just bought into CAN yesterday at 2.10, my buddy thought it was stlll a good long-term by under 2.30 and above 2.00. What does everyone think in terms of the upside, i mean 50% would be great, even 30% or 40%.  The grades seem great and the new drilling program looks impressive. I haven't really been involved in many venture plays, seems like they also tend to fizzle out but he said this one would impress if your time frame is around 8 to 12 months. Would appreciate some thoughts, I've read through the various posts, online articles, TD analysis etc.  My biggest worries is political risk in Africa and once they prove the resource do you think the Chinese will fund the development of a mine?

GTLA, glad to be onboard

ps. what was up with patpostro? he must be scared that he shorted.
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