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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 rectangularon Mar 14, 2012 9:53am
281 Views
Post# 19667441

Free fall

Free fall

I was away for a couple of weeks and came back to see a very concerning CAN share price. It appears to be in a free fall. Free falls do not happen without reason. Something is causing shareholders to dump this stock (something more than the decline in gold price).

Has anyone spoken to company officials lately?

On another note. There are pumpers on here, as well as dumpers. I am sure they think that they impact the stock with their postings.  In actual fact, there is very little said on here that affects the stock either way. A few postings pumping or bashing the stock do not affect the majority of shareholders, most of whom do not pay attention to or subscribe to Stockhouse.

 

 

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