Candelaria Mining Corp T.CAN

Primary Symbol: V.CAND Alternate Symbol(s): CDELF

Metals & Mining Gold

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.

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Candelaria Mining Corp > Considering Canaco

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Comment by bigmack1on Sep 23, 2011 10:30am

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Post# 19076170

RE: Considering Canaco

Well the sad thing is that there is still significant risk on the down side with no end in sight. I agree with you that CAN is way undervalued at these prices but don't like the prospects of having my cash in a Junior gold company with a new recession under way and the fed out of bullets..
Sorry for the negativity but its better to keep a tight grip on reality when trading..
Best o luck to the longs.

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