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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 moneycopon Sep 06, 2011 10:03pm
187 Views
Post# 19016505

RE: RE: RE: RE: RE: We won't ever see $4 again!

RE: RE: RE: RE: RE: We won't ever see $4 again!The reason why Canaco insiders haven't loaded up on their own company is simple. THEY AREN'T STUPID! Why would they want to lose money by averaging down even at these prices! I'm sure they might consider loading up below $1! Don't forget they've already made their money! Maybe a token buy order might show they believe in the company but they ain't fooling me!Its the suckers (me included) who bought above $2 and beyond who are holding the 80-90% of the shares! Oh don't forget to ditch you're Tigray shares soon if you have any while you can get something for them. I wouldn't hold them for much longer! My buddy and his wife sold them the first day they traded. They kinda regret doing that tho! I'll swing trade this stock but I won't get in until $2.00-2.25! I honestly havent had much luck with options so shorting this company isn't in my plans.
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