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Cangold Ltd: A Private Placement Update.

Publication: M2 Presswire
Publication Date: 26-FEB-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-26 February 2007-Pinnacle Digest: Cangold Ltd: A Private Placement Update(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:26022007

Cangold Ltd (TSX-V: CLD) had a positive day in the markets Friday, as shareholders witnessed their company's share value increase 15.00% following the exchange of 176,000 shares trading hands before the sound of the closing bell. The share price ranged $0.015 throughout the day, settling on $0.115 at day's end. In the article below, PinnacleDigest intends to further explore Cangold Ltd and the gold sector in which it resides in. To continue this read and find out why our client base continues to grow, come explore www.pinnacledigest.com.

Gold is in the news once again, as the popular commodity is showing renewed strength because of domestic and foreign events. The U.S dollar is showing signs of weakness due to the increased worries over the Iranian nuclear program. This conflict, coupled with the rise in oil prices has sent the spot price of gold upwards. With...

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