Capital Gold Corporation (OTC:CGLD) has reported that its first quarter net income as increased 52% at 2,939 compared to the same period during the previous year at 1,936. The company hopes to continue seeing the net income increase throughout the fiscal year as it continues to improve its El Chanate Mine in Sonora, Mexico. Capital Gold President and Chief Operation Officer John Brownlie reports that the construction on the property is almost complete and is anticipated to be operational in January 2010.
MicroCap Insider is a web-based financial portal.
Sign Up for our Free Stock Newsletter
MicroCap Insider publishes a free penny stock newsletter providing stock alerts on companies positioned to deliver high-yield gains to investors.
The company will host its annual meeting of stockholders at 1:00 pm ET, Tuesday, January 19, 2010. The meeting will take place at the Crowne Plaza Times Square in Manhattan, New York. For additional information regarding the meeting, visit www.capitalgoldcorp.com.
Sign Up for FREE. Investors interested in receiving small cap stock alerts through the penny stock newsletter published by MicroCap Insider can sign up for free by visiting our website.
About Us
MicroCap Insider is a leading penny stock web site with extensive experience in the OTC market, providing top stock picks, investing tips and exclusive research on small cap stocks on the verge of producing large financial gains.
Please click here to read the full disclaimer.
