TORONTO, ONTARIO -- (MARKET WIRE) -- 04/10/08 -- CCM Research Chief Technical Analyst, Jason Suttmeier, has written a technical research report on Yukon Gold Corp.Yukon Gold Corporation Inc. (TSX: YK) (OTCBB: YGDC) is an active and progressive public exploration and development company. The Company's main focus is developing its Zinc-Copper-Lead deposit (Marg Property) and exploring its Mount Hinton gold and silver project in the Central Yukon Territory of Canada. These properties lie within the Tombstone Gold Belt, world renowned for the discovery of major gold and base metal deposits.
In the report the analyst states:
"Yukon Gold Corporation Inc. (YK) is currently trading under the key 5- weekly modified moving average at 0.233..."
"My model shows a key monthly support at 0.187 with nearby weekly resistance at 0.207 and monthly resistance at 0.256."
"The 21- week and 50- week moving averages provide additional resistances at 0.259 and 0.370."
A free copy of the report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/YK_TechReport_April102008.pdf
CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $40,000.00 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, including: share illiquidity, lack of credibility, and stagnant market capitalization.
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