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!

Demand for Gold from China and India Expected to Continue - Gold-MiningStocks.com -- Interviews with Kitco's Jon Nadler on global market outlook and Golden Peaks Resources on gold mineralization opportunities in Argentina
Demand for Gold from China and India Expected to Continue

 

NewswireToday - /newswire/ - Point Roberts, WA, United States, 2006/10/11 - Gold-MiningStocks.com -- Interviews with Kitco's Jon Nadler on global market outlook and Golden Peaks Resources on gold mineralization opportunities in Argentina.

   
 
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), an investor and industry portal for the gold and mining sector presents online audio interviews with Kitco’s Jon Nadler, Investment Products Analyst and Golden Peaks Resources (TSX: GL.TO) President and CEO Kieran Downes to discuss opportunities within the gold industry. While many factors such as geopolitical uncertainty, fluctuations in the dollar and the volatility surrounding the cost of oil still continue to impact the price of gold, growing global demand from regions such as China and India is expected to drive gold upwards over the long term. Working to take advantage of the long term prospects of the gold market, Golden Peaks has identified Argentina as holding significant potential as they pursue five high priority gold projects within this region.

“We have recognized 5 major geological structures through trenching, sampling, prospecting and mapping all with significant gold mineralization. We have identified multiple zones on these structures and in the next stage of drilling we hope to focus on outlining the resources on one or all of these zones,” explains Mr. Downes.

The Company's flagship La Fortuna Gold Project is closely situated to two nearby world-class discoveries in southern Argentina, the Esquel and Navidad deposits. Downes states, “The significance of these deposits is that it demonstrates the geological setting we are exploring in has the potential of hosting very large gold and silver deposits. The fact that these exist in the same type of terrain we are currently exploring in gives us a lot of hope and expectation that we too will be successful in finding something quite large and significant in the La Fortuna project.”

In looking at global market factors that have an ongoing impact on gold’s future, the growing demand from China and India will potentially remain a significant force driving the price upwards over the long term. As Jon Nadler describes, “There remains no doubt that the demand for gold coming from India, China and Japan will continue to have a very important effect on the consumption of gold. We do believe that the regional demand out of South East Asia will continue to be a very important factor moving forward.”

Geopolitical uncertainty, the movement of the U.S. dollar and the high cost of oil despite recent pullbacks, have all had the part to play in gold’s volatility over the recent months, however gold remains an investment of choice by many. “Gold has not reacted as strongly to the recent Middle East situation largely due to the fact that speculative traders were seen jumping from assets to assets, from oil to dollars to stocks, back to gold, basically in a confused quest to extract maximum profitability from each headline. Long term investors on the other hand remain undeterred and continue to buy gold,” explains Nadler.

Commenting on gold’s recent volatility Kieran Downes describes, “From the perspective of Golden Peaks the price of gold as it fluctuates over the short term will not have a significant impact on the Company. Our company has a significant treasury; we currently have over $15 million dollars with a carefully controlled expenditure rate. Our goal is to find a large gold deposit that could be successfully sold to a major company seeking to replenish its reserves so the day to day or month to month movements in the gold price are not going to affect Golden Peaks.”

Looking forward, the demand for gold is expected to continue to grow remaining a popular choice for investors. Jon Nadler states, “There will always be a role for gold in the portfolio of investors. We try and remind investors of the Kitco proverb, when you buy gold for the right reasons there is no such thing as the wrong time or the wrong price.”

To Listen to the Interviews Please Visit:
gold-miningstocks.com/Audio/gold/1006/default.asp

About our Mining Portals
Gold-MiningStocks.com (GMS) and MiningSectorStocks.com (MSS), portals within the InvestorIdeas.com content umbrella, do not make recommendations, but offer investors research, news and links to public companies within the mining sector. GMS also provides mining sector content through its Gold and Mining Blog.

Featured Gold and Mining Portal Sponsor: (GMS and MSS are compensated by Golden Peaks as disclosed in disclaimer.)
Golden Peaks Resources Ltd. (TSX: GL) is a progressive international exploration and resource development firm that holds a portfolio of five advanced precious metals properties covering 385,000 acres in Argentina.

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 is compensated by Golden Peaks Resources Ltd. (TSX: GL.TO) for five thousand dollars per month.

For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant[.]investorideas.com

Source: Gold-MiningStocks.com, Golden Peaks Resources Ltd.

 
 
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!


Demand for Gold from China and India Expected to Continue

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:

GE and South32 Enter Digital Transformation Strategic Partnership
Metso & CDE Start Collaboration to Provide Comprehensive Solutions for the Manufactured Sand Market in India
Metso Honored with Best Foreign Entrepreneur 2016 Award in South Korea
New Metso Nordberg NP20 - Increased Capacity and Maintenance Friendliness for Aggregates Operators in Canada
Metso Digital Program Set to Accelerate Business Growth
Steady Technological Advancements Improve Opportunities for the South African Mining Explosives Market Finds Frost & Sullivan
Metso Launches Industry-changing Metso MX Crusher for Minerals Processing
Metso Introduces A New Digital Service Enabling Data-driven Operations and Improved Performance
Metso Introduces A Community-friendly Lokotrack® Urban™ Series to Enable Safe Rock Crushing in Cities
Metso Awarded for its Contribution to the Mining Industry and Economic Development of Local Community by the Basque Government
Metso Wins Recognition as A Leading Brand in the Brazilian Mining Sector for the Second Consecutive Year
Metso Announces New Distributor Model for Italy
Metso Receives Two Awards for its Outstanding Work in Enhancing Occupational Safety
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

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  JobsWare.com





 
  ©2017 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)