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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 capebretongirlon Jun 14, 2011 9:26pm
288 Views
Post# 18715668

RE: It's All About Work

RE: It's All About WorkI agree - at these levels a lot of investors have bought this stock on the cheap and with drill results coming regularly over the summer in concert with the spin out, TSX listing and 43-101 proving exercise, we should all be optimistic on a rising sp.  TD has a target price of 8 bucks for a reason and I believe when we start the upward move, it will happen very quickly with everyone getting on board.  This stock, given its reported resources to date looks to be quite undervalued in comparison to its peers.
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