PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Gold-MiningStocks.com: Insights on Gold - Silver - Stocks and Commodity Price Trends Moving Forward - Kinross Gold Corp., Canarc Resource Corp., Endeavour Silver Corp. and Pan American Silver Corp. share market perspectives.
Gold-MiningStocks.com: Insights on Gold - Silver - Stocks and Commodity Price Trends Moving Forward

 

NewswireToday - /newswire/ - Point Roberts, WA, United States, 2006/02/09 - Kinross Gold Corp., Canarc Resource Corp., Endeavour Silver Corp. and Pan American Silver Corp. share market perspectives..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Gold-MiningStocks.com (GMS) and MiningSectorStocks.com (MSS) investor and industry portals for the gold and mining sector, provide a sector overview entitled, “Where the New Money Is: A Snapshot on Gold and Silver Futures”, taking a look at the gold and silver commodities market over the upcoming months. The current gold bull market faces current global supply and demand issues and the prospect for silver to become an Exchange Traded Fund, will likely affect prices ahead. Perspectives are provided by gold companies Kinross Gold Corporation and Canarc Resource Corp, while Silver companies Endeavour Silver Corp and Pan American Silver Corp. offer insights on expectations for growth within their arena.
According to Tracey Thom, Director of Investor Relations and Corporate Communications at Kinross Gold Corporation (NYSE: KGC; TSX: K) commented that, “with the weakening US dollar, it seems like gold prices are further strengthened and maintained at this level.”

As Brad Cooke, Chairman and Chief Executive Officer of Canarc Resource Corp. (TSX: CCM;OTCBB: CRCUF) explains, “when the metals move, institutional investors invest first in the major producers, but once that market becomes saturated, then they look to junior exploration companies.” Canarc, whose major shareholders include Barrick Gold Corp. (NYSE:ABX, TSX), has seen its share price start to rise in recent months as a result of such investor interest.

Brenda Radies, Vice President of Corporate Relations for Pan American Silver Corp. (TSX:PAA; NASDAQ:PAAS) stated that, “silver and gold tend to trade in tandem, but not always. Because 40% of silver is based on industrial fabrication, silver sometimes follows the base metals. Having said that, both silver and gold are likely to be affected by the US dollar over the next year. We think silver has more price growth potential than gold at this point because the supply and demand fundamentals are better for silver than for gold.”

Looking to the silver market, Hugh Clarke of Endeavour Silver Corp. (TSX: EDR; FSE: EJD; EDRGF: PNK) stated that, “Firstly, silver is a small, illiquid volatile market and historically has been a follower, not a leader. It follows gold but will, from time to time, move on its own. At this moment, we may be in the early stages of this kind of independent price movement.”

Where the New Money Is: A Snapshot of Gold and Silver Futures
By Jennifer Lee, Gold-MiningStocks.com
February 2006

There’s no doubt about it, gold and silver are on the rise, even as investors and markets absorb the short term profit taking. Gold futures were sitting at a 25 year high by mid January of this year, with current rates resting at around 553.80 an ounce. Silver is not too far behind this hurdle, reaching a 22 year high at the end of this month, now up to $9.44 an ounce, with talk of it reaching the $10.00 mark in the none too distant future.

2005 was a momentous year for the metals, as currencies fluctuated and gold once again proved itself to be the renowned safe haven that it is, when investors are looking for a stable place to park their money.

Canarc Resource Corp. (TSX: CCM; OTCBB: CRCUF) is a growth-oriented, gold exploration and mining company. The Company's principal assets are its 100% interest in the New Polaris gold deposit, British Columbia and its 80% option on the Benzdorp gold property in Suriname.

Endeavour Silver Corp. (TSX: EDR; OTC.PK: EDRGF; FSE: EJD), is a silver mining company focused on the growth of its silver resources and production in Mexico. The expansion program now underway at the high grade Santa Cruz silver mine in Durango, Mexico, will develop Endeavour into one of the top five primary silver producers in the world.

About our Gold and Mining Portals
Gold-MiningStocks.com (GMS) and MiningSectorStocks.com (MSS) are investor and industry news portals for the gold and mining sector within the InvestorIdeas.com content umbrella. The GMS and MSS websites do not make recommendations, but offer unique free information portals to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.

Additional Investor Research Resources
The Investor Incite Newsletter: InvestorIdeas.com free "Investor Incite" Newsletter consists of company and industry updates, investment research and developing trends in key areas such as Homeland Security, Renewable Energy, Nanotechnology, Mining and more.

“The Insiders Corner”, a weekly feature by well-known financial writer and author Michael Brush.

InvestorIdeas.com Disclaimer
Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. GMS and MSS are compensated by Canarc Resource Corp (TSX: CCM; OTCBB: CRCUF) two thousand five hundred per month. Endeavour Silver Corp. (TSX: EDR; OTC.PK: EDRGF; FSE: EJD) two thousand five hundred per month.

Source: Gold-MiningStocks.com, Canarc Resource Corp., Endeavour Silver Corp, Kinross Gold Corporation, Pan American Silver Corp.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Mining/Metal/Mineral articles,
CATCH Visitors via Your Competitors Announcements!


Gold-MiningStocks.com: Insights on Gold - Silver - Stocks and Commodity Price Trends Moving Forward

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Anne-Marie Fleming 
866-725-2554 afleming[.]investorideas.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Mining/Metal/Mineral via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Mining/Metal/Mineral Most Recent Related Newswires:

Boliden Selects Metso to Supply Equipment for A New Surface Crushing Station to Aitik Copper Mine in Sweden
Metso's Upgraded PlantTriage Software Simplifies Real-time Performance Management and Strengthens Cybersecurity
Metso Supplies Key Minerals Processing Equipment to Tibet Julong Copper for One of the Largest Greenfield Copper Projects in the World
Metso's Reliable Neles BWX Butterfly Valve Meets Requirements of Various Process Industries
Metso Introduces Integrated Approach for In-the-pit Operations
Metso Introduces Advanced Solutions for Fine Classification in Wet Minerals Processing
Rockwell Automation Outlines Steps for Achieving a Connected Mine
Metso Signs Landmark Deal with the World's Largest Copper Miner Codelco in Chile
Metso to Continue the Exclusive Lokotrack Distributor Agreement with Garriock Bros in the UK
Steel Dynamics, Inc. Wins Metals Company of the Year - Platts Global Metals Awards
Metso to Provide Crushing and Screening Plant and Life Cycle Services At Tata Steel's Sedibeng Iron Ore Mine
Metso Awarded its Largest Long-term Strategic Services Contract in North America with the World's Second Largest Producer of Soda Ash
Metso's Lokotrack® Machine Handovers During Bauma 2016 Highlight Customer Loyalty and Long Distributor Relationships
Metso Launches the N Series - A New Recycling Equipment Product Range to Offer Versatility and A Broader Choice to the Scrap Metal Industry
Metso Recognized Codelco El Teniente as the First Mining Company to Use Metso's Innovative Grinding Technology

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)