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

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Post by ilafalot2on Nov 22, 2011 8:13am

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Post# 19256603

A Guaranteed Double

Imagine owning US Treasurys yielding 0.91%. A million dollar investment of one's enite retirement fund, would give you $9,100 a year to live on with a probable loss of purchasing power of $30,000 a year. Pretty bleak, huh?

Now if you were to buy 2 year Greek bonds, backed by the strength of that glorious old democracy, today's yield is 116% for a BETTER THAN DOUBLE. What a deal (-:

Looking at yesterday's trading stats, one finds that CIBC, who were all over us a few days ago by buying 2.7 million shares around $1.50, suddenly became large net sellers around $1.20. Did some of the institutions get cold feet?

Anyone unable to make sense of the carnage in Canaco has a lot of company IMHO

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Advancing flagship Ishkõday Gold Project in Ontario