CCM Liquidity Report: Nayarit Gold, Inc. (TSX VENTURE: NYG)(PINK SHEETS: NYRTF)
21 Fevereiro 2008 - 3:49PM
Marketwired
TORONTO, ONTARIO (PINK SHEETS: NYRTF) -
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CRITERIA 02-Nov-07 20-Feb-08 RESULTS
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50 DAY AVG. VOLUME 49,900 53,400 7%
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50 DAY AVG. VALUE $ 31,891.00 $ 23,192.00 -27%
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50 DAY AVG. DAILY TRADES 11 14 27%
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50 DAY AVG. DAILY TRADE VALUE $ 2,899.00 $ 1,657.00 -43%
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In the most recent Technical Research Report dated January 14,
2008 the analyst stated:
"The weekly cycle is technically positive and remains positive
on weekly closes above the 5- week modified moving average at
0.506, which keeps the focus on the 21- week moving average at
0.578."
"A weekly close above the 50- week moving average at 0.697 will
shift the focus to quarterly resistance at 1.130. I show weekly
support at 0.320, this week."
In the most recent Fundamental Equity Report dated December 11,
2007, the analyst stated:
"Nayarit has a new management team that was brought in during
summer and started actively pushing the company forward in terms of
exploration activities and public relations."
"Nayarit has published some very encouraging Phase One drill
program results recently, suggesting that there is high likelihood
of eventually developing a high-grade mining operation at its Minas
de Animas location."
"The company has concession on more than 100,000 hectares of
land in Mexico, at the edge of the prolific gold-bearing Sierra
Madre region. The sheer size of holdings increases the probability
of identifying additional targets beside the six that have been
already identified."
Reports on Nayarit Gold, Inc. can be found at:
www.ccmopportunitybase.com/company.asp?company=106
CCM Research is a division of Cronus Capital Markets, Inc.
Cronus Capital Markets, Inc., through its CCM Consulting division,
entered into a one year $45,000.00 contract with the Company to
assist it with the creation and execution of information-based
strategies to overcome market inefficiencies that are commonplace
for the vast majority of public companies; such as share
illiquidity and stagnant market capitalization.
Cronus Capital Markets (CCM) is a global investment information
firm who strategically produces and introduces, through various
forms of analytics and worldwide distribution, information on
equity market opportunities. CCM's equity indexes receive
international attention and represent important new benchmarks of
growth.
Contacts: Cronus Capital Markets Peter Soni Chief Information
Officer (416) 368-3700 ext 225 Email:
Peter@cronuscapitalmarkets.com
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