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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 knowsnothingon Mar 27, 2012 8:43pm
306 Views
Post# 19725543

RE: A Race to the Bottom

RE: A Race to the BottomAbout a week before the well known company Sino Forest was first attacked by Muddy Waters last year, Six hedge funds issued a buy recommendation on the stock, first time ever that all funds agree to buy SinoForest at the same time, even though they already had their hands on the Short report issued by Mr Block. Since then I never believed any words hedge funds say, if they tell you to buy a stock, it is a way for them to sell their position at a premium, then do the opposite when the stock is low. The timing for CIBC Killeen recommendation proves this correct. I am a new shareholder "again" and will be happy to add to my position here, this is extremely undervalued
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