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 > Going lower

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Comment by dollpartzon Sep 30, 2010 3:56am

291 Views

Post# 17510495

RE: RE: Going lower

Kinda funny, look at their posts, doesn't matter what the stock they talk about. At least they vary the reasons.. lol Still, like in electricity, can't have positive without the negative.

Float too high.

Going lower
this stock is dead money
Low low volume trap
no buyers showing up
Up only 5 cents?? Not good

The issue is the lack of resistance points above $3 since it rose so quickly. That's why many prefer a slow rise rather than a sudden giant one if they are long. The slow rise establishes various support levels.

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