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

<< Previous

Bullboard Posts

Next >>

Post by jewel1on Sep 05, 2010 10:27am

484 Views

Post# 17416316

Will the Gap Be Filled? T.A. Opinion?

It seems to me that when it opened on Fri. at $2.70 it created a gap up from the previous day's high of $2.60. I wonder if it will retrace to fill in this gap? It appears to be in overbought territory now as well. I am wondering when profit taking will kick in as well? I am wondering what a good entry point would be to avoid these pitfalls? I would like to buy it, but I hate it when I buy a stock at its new highs and then it falls back. I wonder what its current levels of support and resistance are?

<< Previous

Bullboard Posts

Next >>

Options trading in a volatile macro environment