CCM Research Issues Technical Research Report on Nayarit Gold, Inc.
January 14 2008 - 3:27PM
Marketwired
TORONTO, ONTARIO is a Canadian gold and silver exploration
company formed in May, 2005. The Company controls over 102,000
hectares of mining concessions in the State of Nayarit, Mexico.
Management's strategy is to build Nayarit Gold Inc. into a
profitable resource company and maximize shareholder value through
exploration of its high quality mining properties in the State of
Nayarit, Mexico. The Company is committed to working with the
government and people of Mexico to achieve a modern and sustainable
mining region. The Company follows best practices in health and
safety, environmental and community engagement.
In the report the analyst states, "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."
The analyst continues, "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."
A free copy of the report can be found at
www.ccmopportunitybase.com.
CCM Research, a division of Cronus Capital Markets, Inc.,
subscribes to the "Standards for Independent Research Providers"
and the principles contained in the Analyst/Corporate Issuer
Guidelines jointly promulgated by the CFA Institute and the
National Investor Relations Institute, described at:
http://www.cfainstitute.org and http://www.niri.org.
Cronus Capital Markets, Inc., through its CCM Consulting
division, entered into a one year $45,000 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 including share
illiquidity and stagnant market presence.
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.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this press release.
Contacts: Cronus Capital Markets Dianne Rudderham Program
Director (416) 368-3700 ext 223 Email:
Rudderham@cronuscapitalmarkets.com Website:
www.ccmopportunitybase.com
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