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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 capebretongirlon Nov 30, 2011 6:29pm
303 Views
Post# 19281039

RE: RE: What was that close all about?

RE: RE: What was that close all about?It is what it is and unfortunately as single investors we have no control over the daily outcomes which are becoming all too predictable - rise at opening and then watch the day long beat down manipulation culminating in the weak close. Certainly, the remarkable 471 rise today coupled with gold up $30, we deserved better than a one cent increase in sp.  Would have been nice to get a cushion for the days when the TSX goes down a few hundred points.

What concerns me at this point is that NRs have not been forthcoming.  With the large number of holes yet to be reported, and the fast approaching Dec 31 cutoff for the 43-101, I  expected something by now.  Clearly this stock needs a catalyst, and with the big board listing not on the horizon (would be nice to see an update from CAN on that issue), all that is left is the promise of those NRs.........CBG
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