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 > Where Are the $10 Bulls Now?

<< Previous

Bullboard Posts

Next >>

Comment by Interesting1on Jan 24, 2011 7:45pm

380 Views

Post# 18019982

RE: RE: Where Are the $10 Bulls Now?

I bot another 1,000 shares today at $4.50 as well.

Gold may fall another $75.00/ounce to touch the 200 and 300 day moving averages ... but doubtful it trades much below that. My bet is gold dips further over the next few days into severely oversold levels, find support and then consolidate for the next six weeks.

By the end of March at the latest, gold will be testing it's all-time nominal highs in anticipation of the US raising it's debt ceiling beyond $14,300,000,000,000.

Just my humble opinion.

In the meantime, maybe the dispute over Magambazi can be put to rest.

Don't listen to me though. I'm a novice investor.

Interesting1

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading