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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 kensinon May 06, 2011 7:27pm
383 Views
Post# 18543196

RE: A Few Old Pharts Will Remember...

RE: A Few Old Pharts Will Remember...There are always monsters lurking. No doubt the T.D. customer moved a portion of their position in the high 5's and was waiting to increase their position once the bottom was in. It went down below the 200 bounced off $3.45 and then settled around $3.70.   Even that guy on BNN said if it bounces off $3.50 he would be a buyer based on the charts.  Then steady structured buying kicked in and it climbed over $4.00   At $4.16 it cleared the table for 20 minutes. They got there 60,000 shares at a relatively fixed price knowing none of the fundamentals have changed and could be a double by November. Much cheaper then buying the financing. If it's retail That person has big ba$$s to drop quarter of a million dollars like that and I agree, no one does that without being aware of something.
Just saying.  JMO
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