Cangold Ltd (C:CLD)
Shares Issued 63,383,150
Last Close 3/6/2008 $0.175
Friday March 07 2008 - In the News

Jay Taylor in the Feb. 12, 2008, edition of Gold & Technology Stocks refreshes his buy recommendation for Cangold Ltd., recently 17 cents. Mr. Taylor first bought the stock in June, 2003, at eight cents, and since that time he has bought the stock three more times and sold half twice. Assuming a $1,000 investment for each of the four buys, the two half sells would have resulted in a profit of $2,085. The remaining $2,000 investment is worth $2,699. Cangold recently chip sampled 298 grams per tonne gold over 2.35 metres at the Plomo project in Mexico. Other rock chip sampling results included 15.1 g/t gold over 0.65 metre and 14.5 g/t gold over 0.8 metre. Mr. Taylor says these early-stage results are promising and notes that Plomo is easily accessible by paved highway and secondary gravel roads. Cangold's president and chief executive officer is Bob Archer, who is also president and CEO of Great Panther Resources. Mr. Taylor says Mr. Archer is a top-notch geologist with connections in Mexico. The newsletter writer thinks that Cangold could rise tenfold in value over the next year.