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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 moneycopon Oct 24, 2011 3:15pm
288 Views
Post# 19176730

CAN still can't recover like the other juniors

CAN still can't recover like the other juniorsWhy does this stock continue to sit near its 52-week low while every other gold or mining junior seems to be recovering nicely? SOMETHING IS DEFINITELY WRONG HERE. This thing should be back at $3.00-$3.50! CAN is now a dead stock that duped so many people along the way including myself. I won't fall for the crap I read back and forth here anymore because all the stuff here just gives false hope. I noticed that CAN always seems to fall harder right after a small gain. During a good market run, CAN doesn't gain like the others and it falls harder than the others during bad market days. No matter what people say, its not going to change the fact that CAN is a dead stock sitting around its 52-week low that just can't recover. I honestly don't think the land disputes are an issue anymore but this stock is simply a dead underperforming stock that isn't going anywhere. CAN investors holding stock will be waiting for nothing while they could put their money to work in other gold juniors. BOTTOM LINE: CAN is crap and isn't going anywhere. Cut your losses and put your money elsewhere or you will miss out on other opportunities.
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