CCM Research Issues Initial Report on Consolidated Global Diamond Corp.
February 06 2008 - 12:37PM
Marketwired
TORONTO, ONTARIO is a junior diamond exploration company with
claims in the Diavik / Ekati diamond mine areas of the North West
Territories in northern Canada. The Company is engaged in the
acquisition, exploration and development of mineral properties with
its principal focus on diamonds and other precious metals.
Activities include acquiring mineral properties and conducting
exploration programs.
In the report the analyst states, "the fact that it (CK) owns a
large acreage close to Diavik and Ekati - Canada's most prominent
diamond mines - suggests that the Company has significant chances
for success given financial resources remain intact. This is
supported by the preliminary exploration that showed that Global
Diamond's properties exhibit the same geological traits as the
Ekati and Diavik mines."
The analyst continues, "the Company has accumulated a
significant cash balance which should allow an aggressive
exploration program to be launched in the nearest future."
A free copy of the report can be found at
www.ccmopportunitybase.com.
CCM Research, a division of Cronus Capital Markets, Inc.,
subscribes to the "Standards for Independent Research Providers"
and the principles contained in the Analyst/Corporate Issuer
Guidelines jointly promulgated by the CFA Institute and the
National Investor Relations Institute, described at:
http://www.cfainstitute.org and http://www.niri.org.
Cronus Capital Markets, Inc., through its CCM Consulting
division, entered into a one year $30,000 contract with the company
to assist it with the creation and execution of information-based
strategies to overcome market inefficiencies that are commonplace
for the vast majority of public companies, such as share
illiquidity and stagnant market capitalization.
Cronus Capital Markets (CCM) is a global investment information
firm who strategically produces and introduces, through various
forms of analytics and worldwide distribution, information on
equity market opportunities. CCM's equity indexes receive
international attention and represent important new benchmarks of
growth.
The TSX Venture Exchange has neither approved nor disapproved
the contents of the press release.
Contacts: Cronus Capital Markets Peter Soni Chief Information
Officer (416) 368-3700 ext 225 Email:
Peter@cronuscapitalmarkets.com
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