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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 Durkastanon Sep 14, 2011 10:12am
264 Views
Post# 19040541

RE: RE: Van Eck Buying Huge

RE: RE: Van Eck Buying HugePat... er, I mean Pot, meet kettle.

Your post is rich coming from someone who is here flailing their arms around in an embarassingly public fashion, desperate to prove themselves right.

Why anyone would choose to short a gold explorer with a fast-tracked 200,000m drill program underway in a proven high potential gold district is totally beyond me. It seems masochistic. It's possible that you could back a 10-20% return on a risk-off trade, but it's even more possible that you could have to cover a 20% loss in a hurry on a single high grade intercept, like you did on Monday.

You know what they say: when you find yourself in a hole, stop digging.
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