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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: TheBusDriver who wrote (61629)10/14/2008 9:08:37 AM
From: loantech  Read Replies (1) of 78411
 
Hey let me finish my coffee!!! <VBG> Yeah CGC CGC CGC.

<Given this strong performance, it is imperative that Capital Gold obtain a listing on a major national exchange such as the American Stock Exchange (AMEX). To facilitate a listing, the Company has proposed a reverse split. However, given that the stock price is at a 52 week low, management reserves the right to delay enacting the split if it deems the resulting share price will fall short of the $2 required by the AMEX.

Executive Vice President Jeff Pritchard stated, "We have opted to continue with the voting process. It is important to note that, if the proxy is approved, it entitles management to initiate the reverse split. At the same time, it also allows management to delay or curtail the process completely." Pritchard added: "Investors should rest assured that, in this important matter, we will take the same cautious approach that has resulted in a well funded and well managed company with a bright future. The management at Capital Gold has many years of experience and, all can be certain, we will not be distracted by current events in our quest to continue to grow and increase shareholder value.">
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