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 > sudden drop

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Comment by bullwhip29on Sep 27, 2010 1:50pm

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Post# 17497131

RE: sudden drop

Looks like amateur hour on Howe St to me. It wasn't one or two large orders, but rather a bunch a two bit traders who looked like they all got margin calls and/or blew out their positions precisely at month end, right on queue I must say too. What's with the $3.12 print? Anyhow, stock appears to be under controlled accumulation ever since flash crash. I would be rather impressed to see this firm right back up towards the end of the day $3.60-3.70+???, but some people will be looking to cash in on this quick trade too. I guess we'll see what the new month brings...

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First Nations contributions attract investor interest