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 > What will be TD's new target price for

<< Previous

Bullboard Posts

Next >>

Comment by easymoney77on Mar 27, 2011 2:16pm

393 Views

Post# 18347119

RE: RE: RE: What will be TD's new target price for

Debating the same issue, looking for a significant rally in gold shares over the next 60 days, but come May should I put some away. With 5 drills turning I am anticipating some monster results that should bring the potential for 10 mil ounces into play and not to mention the TSX listing together should bring us into the $12 range over the short term. The big question is how will the market react to the end of QE11 in June. The Elliot wave guru's are looking for a correction in gold in early June then a steady climb into Dec which may well take us into the $20 range.

<< Previous

Bullboard Posts

Next >>

Canadian artificial intelligence ETFs