CNG on the TSXv is On Fire - Up More Than 100% This Month Canadian Mining is listed on the TSX and trades under the symbol CNG During that month , the stock has risen from .035 to .08.
Many other successful mining companies have projects in the same area:
The biggest gold mine in Mexico is in the same state as CNG's project.
The State of Sonora has built a great mining tradition and has a wide range of mineral resources. Sonora is recognized as the number one mining state in Mexico. The country's biggest gold mine, La Herradura located in Sonora state is owned and operated as a joint venture between Newmont Mining (NYSE:NEM) and Mexican mining conglomerate Industrias Penoles. Other producing mines in the State of Sonora include Pan American Silver (NASDAQ:PAAS), Alamos Gold (TSX:AGI), Capital Gold Corp (OTCBB:CGLD) and Sierra Minerals (TSX:SIM).
As you can see the stock's move is news driven. We expect that the recent accumulation should continue.
The stock could be a bargain @ .08 as this story develops. Company management will be in Mexico on the site within the next two weeks.
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