Home | Business News | Browse by Publication | M | M2 Presswire

Alpha Gold Corp: Sector Insight.

Article Excerpt
M2 PRESSWIRE-26 April 2007-Pinnacle Digest: Alpha Gold Corp: Sector Insight(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:26042007

Alpha Gold Corp (TSX-V: ALQ) experienced a loss in the markets Wednesday, as shareholders witnessed their company's share value decrease 4.41% following the exchange of 19,000 shares trading hands before the sound of the closing bell. The share price ranged $0.04 throughout the day, settling on $0.65 at the end of trading. In the article below, PinnacleDigest intends to further explore Alpha Gold Corp and the sector in which it resides. To continue this read and find out why our client base continues to grow, come explore www.pinnacledigest.com.

Gold has fallen slightly to start the week, as oil's spot price continued to drop because of reduced concern that conflict would affect oil output in Nigeria. Since gold usually moves in line with oil prices, it is not surprising that both commodities have struggled in recent days. ''People are holding back now to see direction from oil prices and the currency market,'' said Tatsuo Kageyama, an analyst at Kanetsu Asset Management in Tokyo. ''There was some disappointed selling after gold prices failed to test the $700 an ounce level in recent days.''...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!