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SECURITIES AND EXCHANGE COMMISSION SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Capital Gold Corp. Common Shares 14018Y106 Soulef Hadjoudj March 23rd, 2006 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (1) Including 2 400 000 Common Shares if Caisse were to exercise its conversion rights with respect to the warrants it holds. Item 1 Item 2 Item 3 Not applicable. Item 4 - Ownership
Washington, D.C. 20549
(Amendment No. )
(Name of Issuer)
(Title of Class of Securities)
(CUSIP Number)
Caisse de dépôt et placement du Québec
1000 place Jean-Paul-Riopelle, Montreal (Quebec), H2Z 2B3
Tel.: (514) 847-5998
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
(Date of Event which Requires Filing of this Statement)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
I.R.S. Identification nos. of above persons (entities only)
Caisse de dépôt et placement du Québec
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(a) [ ]
(b) [ ]
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Montreal (Quebec) Canada
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5,110,800 Common Shares (1)
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5,110,800 Common Shares (1)
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5,110,800 Common Shares (1)
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(See Instructions) [ ]
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3.82% (on a partially diluted basis)
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CO
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(1) Including 2 400 000 Common Shares if Caisse were to exercise its conversion rights with respect to the warrants it holds.
Item 5 - Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person
Not applicable.
Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8 - Identification and Classification of Members of the Group
Not applicable.
Item 9 - Notice of Dissolution of Group
Not applicable.
Item 10 - Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of the signatory's knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Signature
Date: April 5, 2006
s/ Soulef Hadjoudj
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Signature
Soulef Hadjoudj, Legal counsel
Name / Title