POINT ROBERTS, WA, Delta, B.C. April 4, 2005 – Gold-MiningStocks.com (GMS) is pleased to offer investors an exclusive report regarding the type of environment that market participants are forecasting for the gold industry. Industry experts discuss several economic and financial indicators which should figure highly in a Gold Stock investment strategy. GMS offers investors information on gold stocks, mining stocks, precious metals stocks, mineral exploration/development and provides industry research. GMS also features a growing list of participating public and private companies.
The GMS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the Gold sector.
Article Excerpt: Gold-MiningStocks.com Reports – Industry Expert Forecasts For Gold Stock Investment Strategies
By Brian Eriksen Noer, Gold-MiningStocks.com
April 2005
Stock market investors in the gold mining sector should be aware of three areas of focus when planning an investment strategy. The three interconnected financial metrics of: US dollar fluctuations, production costs for mining corporations, and exploratory activity, each affect the market in different ways and the following report outlines the type of environment that market participants are forecasting for this industry.
Investors in the gold sector should take note of the supply and demand dynamic. "The supply dynamic has been challenged due to the lack of investment and exploration when the gold price was low," said Greg Martin, Director, Investor Relations with Placer Dome (TSX, NYSE: PDG). "It was expected that if the price of gold went over $450/oz then new projects would materialize and the market would be revitalized. The reality however is that the US is a small proportion of global supply, and we have seen reductions from companies based in other countries. Therefore the supply side of the market will remain challenged."
Conversely, according to recent demand numbers (collated by Goldfields Mineral Services), demand was robust in 2004, up about 6% on a global basis, showing that the fundamental gold market is in a very positive position for continued longer term strength. Investors realize that gold is also a financial instrument, trading off of other financial metrics than merely supply and demand, and due to the state of the US economy, this environment provides a very positive macroeconomic backdrop to the gold market. Placer Dome’s Martin stated that these parameters are currently aligned in terms of being supportive to the gold market.
"Production costs and ore grade are the major considerations for a company in the gold mining industry," said Marc Cernovitch, V.P. of corporate Development with Halo Resources (HLOSF.OB). "Small scale mines, are very sensitive to the intensive upfront capital requirements. It is most important to engineer an optimum production scenario, which ensures that the operation is mining the highest possible grade of ore. Narrow vein gold mines in general, need to focus on selective small scale mining methods and allowing a mine to produce at its natural rate."
"We think that the gold price is consolidating at the moment and will continue to track the US dollar," said Running Fox (TSX-V: RUN) President, Michael Meyers. We believe that the US dollar is going to be on a further decline as the US is looking to pay back debt (originated when the dollar was high) in lower valuated dollars. Gold is still a profitable market to be in."
Click here to read the full article: http://www.gold-miningstocks.com/Gold_Stocks/Articles/Investment_Strategies.asp
To be added to our current list of Gold Stocks, Mining Stocks, Precious Metals Stocks, Mineral Exploration/Development and Industry Research, contact: news@investorideas.com
About GMS Featured Client: (GMS is compensated by profiled Featured
Company)
Running Fox Resource Corp. (TSXV: RUN; OTC.PK: RFXRF) (Corporate Profile, News and Info) Gold Stock - A Vancouver, Canada based resource exploration company which is developing the Brett Project in British Columbia, Canada. Exploration work carried out to date on the Brett Property has confirmed the presence of a number of significant gold bearing mineralized zones, associated with northerly trending altered shear/ fracture zones. Previous work consists of geochemical surveys, trenching, 10,000 meters (32,900 feet) of diamond drilling and 459 meters (1506 feet) of underground development.
For more information contact:
Dawn Van Zant / Trevor Ruehs / Brian Noer
Toll free: 800-665-0411
Email: dvanzant@investorideas.com ,
truehs@investorideas.com , bnoer@investorideas.com
Disclaimer: ECON Investor Relations Inc is the owner of the domain Gold-MiningStocks.com. Our site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its "Featured Companies, as outlined in our on-line disclaimer at www.InvestorIdeas.com/About/Disclaimer.asp and we rely on the publicly disclosed information of our featured companies for accuracy. The site is currently compensated for by its "featured companies." Compensation Disclosure Specifics: Running Fox Resource Corporation pays Five thousand dollars CDN - per month plus Fifteen thousand options per month to be a featured company and related IR/PR services.
Gold-MiningStocks.com Reports – Industry Expert Forecasts for Gold Stock Investment Strategies
Company: Gold-MiningStocks.com
Contact Name: Dawn Van Zant
Contact Email: dvanzant@investorideas.com
Contact Phone: 800-665-0411
Contact Name: Dawn Van Zant
Contact Email: dvanzant@investorideas.com
Contact Phone: 800-665-0411