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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 canagoldon May 01, 2012 5:32pm
378 Views
Post# 19858749

Folks look, smart money is buying again.

Folks look, smart money is buying again.

I don't care that the majority of gold juniors are underperforming, it heartens me that our CAN was in fact one of the best performing gold equities. If you look at GDXJ, they have been BUYING shares of CAN, slowly getting close to 9MM shares up from just around 8MM.

Yes, CAN management clearly has dropped the ball over and over again, but in some ways the BCSC issue helped CAN not hindered. And SOC? Well guys, if you think SOC is gonna spike then please be my guest and sell your CAN shares. SOC is what 6 cents? No volume. Enough said on that.

Something is brewing with CAN, could it just possibly be that CAN is still the Ventana? Maybe just maybe. I'll never forget the joke that Dr. Jingbin Wang cracked at the 2011 AGM.  "We would sell for a $25 takeover". 

If only I had a crystal ball.

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