CCM Liquidity Report: Nayarit Gold, Inc. (TSX VENTURE:NYG)(PINK SHEETS:NYRTF)
18 January 2008 - 5:28AM
Marketwired Canada
Nayarit Gold, Inc. (TSX VENTURE:NYG)(PINK SHEETS:NYRTF)
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CRITERIA 2-Nov-07 17-Jan-08 RESULTS
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50 DAY AVG. VOLUME 49,900 67,400 35%
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50 DAY AVG. VALUE $ 31,891.00 $ 33,215.00 4%
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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 $ 2,372.00 -18%
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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.
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