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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 408.69

+2.6%

Jan 5 4:00 PM EST

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To: Feraldo who wrote (13224)	4/17/2008 1:29:33 PM
From: polarisnh	Read Replies (1) of 29622

Feraldo, Although it is always nice to see a stock rally, I like the way that CGLD's stock price has based out since mid-November. Capital Gold owns the El Chanate gold property in Sonora, Mexico. They are expecting to produce 70,000 next year up from the 50,000 ounces per year pace that they are currently running at. Cash costs are down to $246.00 per ounce and the average sale price last quarter was $843.00 per ounce which obviously is running below the current price per ounce of gold for this quarter. They aren't hedged and therefore I believe that CGLD is going to make it's shareholders a lot of money going forward. capitalgoldcorp.com Cheers, Steve

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