CCM Liquidity Report: Nayarit Gold, Inc. (TSX VENTURE:NYG)(PINK SHEETS:NYRTF)
20 Marzo 2008 - 2:54PM
Marketwired Canada
NAYARIT GOLD, INC. (TSX VENTURE:NYG)(PINK SHEETS:NYRTF) -
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CRITERIA 17-Mar-08
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MKT CAP (millions) $ 20.4
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50 DAY AVG. VOLUME 47,400
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50 DAY AVG. VALUE $ 21,282.00
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50 DAY AVG. DAILY TRADES 11
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50 DAY AVG. DAILY TRADE VALUE $ 1,935.00
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% OF FLOAT TRADED 0.10%
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In the most recent Technical Research Report, dated March 3, 2008, the analyst
stated:
"The weekly cycle shifted to positive on Friday's close and remains positive on
weekly closes above the 5- week modified moving average at 0.459, which keeps
the focus on the 50- weekly moving average at 0.658."
"Weekly supports are shown at 0.426 / 0.361 with quarterly resistances at 1.062
/ 1.131. The 200- day moving average provides resistance at 0.633."
In the most recent Fundamental Equity Report, dated December 11, 2007, the
analyst stated:
"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."
"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."
"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."
This Liquidity Report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/NYG_Liquidity%20Report_March192008.pdf
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.
Grafico Azioni Nayarit Gold (TSXV:NYG)
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