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 ANBCAon Sep 15, 2010 10:29am

418 Views

Post# 17450426

Up .10 - Down .10

Perfect numbers after yesterday's move. This proves the shares are tightly held and the penny players are moving on. No one is selling or feels compelled to sell since the news has been positive and timely. Next news release will move shares up solidly once again if the numbers are the least bit positive.
Would not be much of a surprise to see another couple of analysts come on board this play. A couple more buy side recommendations will help to firm this up and the retracement idea will be out the window. Add to this the firmness in GOLD and we are enjoying a winner for a change.

Good luck all.

JMHO

A

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading