CGC Gets a Gold Star

Zeal Speculation and Investment (09/20/2010)
"Capital developed El Chanate for a price tag of only $18M. CGC has been profitable every quarter since commissioning and has pioneered incredible growth at its flagship deposit. El Chanate is now producing at a rate of about 70 Koz. per year, at cash costs under $400/oz. And its operational growth has hardly been able to keep up with its resource growth. This deposit now holds 1.5 Moz. of P2 reserves. On the management front. . .Nayarit's CEO, Colin Sutherland, has stepped in to run Capital Gold. . .he knows his Mexican gold projects. On the operational front, Scott Hazlitt is CGC's COO. Hazlitt has been with the company since 2001 and was instrumental in developing El Chanate. His proven mine-building skills will come in real handy with the incoming Orion project. . .a solid feasibility-stage project with huge upside potential."

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