Capital Gold Corp. (CGLD.PK)

Capital Gold Corp bases its business in New York. Trading on the Pink Sheets and the Over the Counter Bulletin Board (OTCBB), the stock symbol are CGLD.PK and CGLD.OB, respectively. There are significant risks associated with investing in Pink Sheet stocks, we advise that any story you may have heard about this company be considered with extreme scrutiny. Due to the fact that the company is listed on two exchanges, they may have the ability to draw a bigger investor following than their pink sheets peers.

In total, 151 employees are working at this mid sized company. Considering the number of employees in the company, they appear to be more established than most of the companies listed on the Pink Sheets. In order to evaluate a potential investment in this company, you should carefully consider the size of the workforce.

The share price of the company reached $0.39 on Jan 6, 2009. The share price is currently 58.84 % lower than its 52 week high of $0.95. Stocks under $1.00 are often followed by liquidity issues. Also there is often little hope of share price appreciation, for stocks in this price range. They do not usually go up unless there is a significant improvement in the fundamentals. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock has sufficient trading activity to eliminate most of the risk associated with illiquidity.

The company has recently issued some news. Capital Gold Corp issued the following news " Capital Gold Announces Record Gold Production Totals for December 2008 " on Jan 06, 2009. Although we found this fascinating, we are not sure how this news will affect the share price.