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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 Sunflyer11on Oct 28, 2011 4:25pm
390 Views
Post# 19191263

up volume break-out....

up volume break-out....

....suggests break-out above 2.00 is in the cards.  Loaded up at 1.60 the last few days--risk trade back on if we get a more settled market next week.

Good news could really move this stock today.  I watched the tape the last few days and saw a back log of shares for sale being scooped up by the big guys.

10 mil-- 5% 0f shares moved to strong hands.

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