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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 Sep 19, 2011 7:55pm
254 Views
Post# 19059346

RE: RE: News this week is coming....

RE: RE: News this week is coming....At least the sp is near its bottom - I can't see it going below $2.80 and with another NR coming soon (assuming its of similar quality as the last) this will shoot up to the $3.50 range again.  Whether insiders unload and drive it down remains to be seen.  The recent speculation of keeping this above $3.50 and threatening the $ 4 barrier appears to have been unfounded - for some reason the trend is always a  tragic drop following a small rally.  We need to remember the large volumes a few months back when a collection of investors apparently "on the know" bought in at much higher prices.   Lets hope the big board listing in advance of the 43-101 exercise boosts this permanently.
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