SOURCE: Equity news Alert

August 23, 2011 07:30 ET

Copper Could Reach New Highs by Year End

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the EQUITY NEWS ALERT

NEW YORK, NY--(Marketwire - Aug 23, 2011) - In an article from June 16th, 2011 Goldman Sachs announced that due to an observed deficit in China, it expects $11,000 per tonne of copper for Q3 of this year.

As China continues growing its demand for precious metals like copper will remain robust. With an uptick in demand expected, companies like Freeport-McMoRan Copper (NYSE: FCX) Southern Copper Corp (NYSE: SCCO) Teck Resources (NYSE: TCK) and Geopulse Exploration (OTCBB: GPLS) will see increased attention.

Geopulse has recently announced the acquisition of mining property in Utah as well as its talks with Haycliffe Corp for $25 million in financing for expansion of mining operations.

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