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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

Comment by tanzdevilon Oct 18, 2010 7:53pm
641 Views
Post# 17579622

Its time to SELL

Its time to SELLFolks,
If anyone here is uneasy, unsure of the nature and amount of deposits, not happy with the management, uncomfortable with Tanzania, scared of losing his/her capital, does not want a repeat of previous experiences, etc, etc, etc. etc, my humble advise is to SELL.


You can always return when your insecurity has been resolved i.e. when the shares price is higher.


Those who have some idea on the nature of CAN's deposit are BUYING.


This morning, Singh of Rodman & Renshaw issued a "market outperform" recommendation with a target price of $4.50. Earle of TD Newcrest retained has his "speculative buy"  with a target price of $6. I am presuming that these analysts have just a little bit more info than the nervous people posting here.


Once again, if you are nervous, sell.
There are thousands of other companies where you can put your money in.
Some even have proven deposits.

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