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Up to $3 Million Planned for Flow Through Spurs Review.

Publication: M2 Presswire
Publication Date: 30-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2007-Pinnacle Digest: Up to $3 Million Planned for Flow Through Spurs Review(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:30112007

www.PinnacleDigest.com is a performance-driven online financial magazine with a consistent and disciplined approach to the market. With our growing network of experienced professionals we strive to bring investors the only multi-dimensional online investing magazine. Recent news from Erdene Gold has led to further research by our team in order to determine if we will select them as our next Featured Company. Pinnacle members will be notified if we select them as our next equity target.

Erdene Gold Inc. (TSX: ERD) experienced a 4.35% drop in share value Thursday along with 20,400 shares traded. On November 29th they announced that they intend to issue up to 3 million flow-through common shares at $1.40 per share for aggregate proceeds of up to $4.2 million. Our team at PinnacleDigest has taken notice of this and as a result has initiated a review upon Erdene and the reason behind this financing. We are focused on their immediate future moving forward, but more importantly the trend of the sector most influencing their success. To learn more about...

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