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KNIGHT RESOURCES LTD



Pinnacle Digest: Assay Results From West Raglan Spark Review
7/26/2007

Jul 26, 2007 (M2 PRESSWIRE via COMTEX News Network) --
To read this article in its entirety, visit us at www.pinnacledigest.com.

Knight Resources Ltd. (TSX-V:KNP)(FRANKFURT:KRL) experienced a 30% explosion in share value Wednesday along with over 3.99 million shares traded. On July 25th they announced assay results from the first drill hole of the 2007 West Raglan program. PinnacleDigest is interested in these results and will be evaluating their impact shortly. We are interested in their position within the sector as well as their short term goals. Our online financial magazine has many purposes and was built to serve and benefit every member and investor. To read this article in full and to learn more about our expanding, multi-purpose online financial magazine, visit us at www.pinnacledigest.com.

At PinnacleDigest we evaluate the trends of the market, specifically the sectors of the companies featured on our site. Our purpose is to give our current and prospective members a more comprehensive sense of the factors influencing their company of focus. We focus almost entirely on the small to mid cap markets within North America. To enhance our members approach to the market, while adding additional research is our main goal.

The TSX Composite recovered from its largest decline in over 3 years Wednesday rising 37.16 points to close at 14,105.32. This snapped a four day slide as energy producers have been dragging down this index. The continued rise of the Canadian dollar has also been posing a serious threat to earnings keeping investors and corporate executives on edge.

The knowledge that both Canadian exchanges are heavily weighted in the resources sector put many people on edge when late last week some major U.S. companies missed forecasted results. Fears that slower economic growth in the United States will curb demand for Canada's commodities are currently very prevalent in the markets. Less than a week ago the TSX set a record when the index closed at 14,625.76. Continued takeover speculations within the mining industry and most recently in the sector will continue to move this index higher.

The TSX composite index has been fluctuating greatly of late and has provided optimal entry points for many investors. At PinnacleDigest we believe fluctuating markets always create opportunity.

The Dow closed above 14,000 for the first time in history July 19th. US Markets were torn down Tuesday, falling the most in four months on concern the housing crisis is spreading. Homebuilder's shares dropped to the lowest levels since 2003. John Davidson, President of PartnerRe Asset Management which manages $11 billion stated, "What's hanging over stocks is concern that the housing and subprime demise will spread." Our most recent "weekly volume" documents this situation and the positives and negatives associated with the economy. Companies have recently announced $49 billion of share buybacks. A recent report documenting a surge in exports has been a key contributor to the rise previous to yesterday.

The S&P 500 Index experienced its first weekly decline in a month last week. Companies have reportedly announced plans to buy $415 billion of their own equity this year. This is almost 25% higher than in the same period of last year. We are focused on the technology sector as well as the telecommunications industry within North America. To learn more about the company's featured on our site; don't hesitate to visit us and learn about our multi-purpose online financial magazine.

Let's turn our focus back to Knight Resources Ltd. and learn more about this company's recent news, current objectives and direction moving forward. It is important to note that the West Raglan Project, Quebec covers over 720 sq. km and includes approximately 65 kilometres of the "Raglan Horizon" along which extensive ultramafic rocks are reported to typically occur. We are focused on their 2007 drill program which is directed on the Frontier Area, characterized by a swarming of mineralized ultramafic intrusions that occur over a 6 kilometre strike length along the "Raglan Horizon". We will be watching this company as they progress throughout the current drilling season. To view information on specific sectors and the position of many base metals and commodities, visit our multi-purpose, easy access online magazine at www.pinnacledigest.com.

To continue with this report as well as other related articles, please visit www.pinnacledigest.com for a complimentary membership. It should be stated that our membership requires no commitment to our service. If you would like to contact us please write to support@pinnacledigest.com.

PinnacleDigest has no vested interest in the company mentioned herein. This source of information is from an unbiased perspective. If you wish to become a member of www.pinnacledigest.com you will be gaining access to articles similar to this one and many other useful services we know you will find valuable. Keeping you educated and up-to-date with the market is one of our main purposes. Our approach in achieving this goal and our ability to consistently deliver high quality investment material is what defines our business model.

Investors seeking a distinctive approach to investing should also visit www.pinnacledigest.com for a complimentary membership.

About Pinnacle Digest

Pinnacledigest.com is an emerging online financial newsletter community. We put together informative material, capturing the information that we know will give you an edge to your portfolio and more specifically your investment approach.

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This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.

All material herein was prepared by Pinnacledigest.com (Pinnacle Digest) based upon information believed to be reliable. The information contained herein is not guaranteed by Pinnacledigest.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Pinnacledigest.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Pinnacledigest.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.

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aus der Diskussion: Knight Metals ehem. Knight Resources - Gute Bohrergebnisse
Autor (Datum des Eintrages): Viper3x  (26.07.07 11:12:41)
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