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 > Whats this crap

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Comment by Retirnowon Mar 28, 2011 10:49am

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Post# 18349505

RE: RE: RE: RE: RE: Whats this crap

Conboy I am a realistic investors, there is quite the resistance between 6 and 7 dollars and there will be another major resistance between 7 and 8. Everyone know there is gold on their property so that is already priced into the SP. It easy to move an SP on a junior to 5 but when you just diluted your shares by over 100 million do you really think that does not effect the movement of the SP upwards. How long have you been investing this is a totally different play now and I will stick to my prediction that this wil not hit $8.00 until next fall and once they firm up the reserve numbers then it will bring in institutional buying and it will move up to 12 from there.

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