IRVINE, Calif., May 1, 2006 (PRIMEZONE) -- "As gold crosses twenty-five year highs this morning at $664 per ounce, speculative investors watching smallcap gold companies are left to wonder what it means to these equities entrenched in this modern gold rush," stated SmallCap Sentinel analyst D.R. Clark. "Today's gold heights appear to be driven by concerns about the weakening dollar and issues in Iran. Without forecasting gold's ounce/price future, I am willing to say that it seems clear that the factors driving interest in gold today aren't clearing soon."
"Gold's meteoric run has obviously been an unabashed boon to smaller gold-related companies like Tonogold Resources, Inc. (Pink Sheets:TNGL), which is up over 50% in the past month," Clark added. "As we mentioned quite some time ago in SmallCap Sentinel, once the average investor joined the dedicated gold bugs, things can get very interesting."
The informational report "Investing in Gold Stocks for the SmallCap Investor" has been made available free of charge at www.SmallCapSentinel.com and will address the rise of interest in gold related equities such as Aurus Corporation (Pink Sheets:AURC), Azco Mining Inc. (Pink Sheets:AZMN), Western Goldfields, Inc. (OTCBB:WGDF) and others. The report will also address and identify companies with operations and exploration in Alaska, a region suggested by some to be as rich as Nevada potentially.
A company profile on Tonogold is available at the following link: http://stockupticks.com/profiles/11-9-05.html
The Final Report on Tonogold's Nyac property in Alaska can be downloaded at the company's website here: http://www.tonogold.com/s/NewsReleases.asp
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been granted 170,428 restricted shares of TNGL by Tonogold Resources for preparation and distribution of this report and other advertising services previous to and over the next ninety days. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.