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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

Post by ilafalot2on Oct 01, 2011 7:57am
387 Views
Post# 19107090

Friday Late Day Trading

Friday Late Day TradingWhile I have to admit I gave up watching the tape in disgust on Friday, I notice now that Canaccord put in an order at 3.02 for 200,000 at $1.88, followed by 4 minutes later for another 200,000? at $1.90 (184,700 unfilled by end of day).

Canaccord was co-leader of the huge private placement at $5.40.  They and TD would have been the logical ones to have done the institutional tour in Europe and N America recently.  It seems to me they must have convinced somebody that there's gold in them thar hills.

Methinks we are finally going to see green next week.
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