SOURCE: StockCall

StockCall

November 16, 2010 08:52 ET

Equity Research on Northgate Minerals Corp. and Rubicon Minerals Corporation -- Gold Prices Fall on Strong U.S. Dollar

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 16, 2010) - www.stockcall.com/ offers investors comprehensive research on the gold industry and has completed analytical research on Northgate Minerals Corp. (NYSE Amex: NXG) and Rubicon Minerals Corporation (NYSE Amex: RBY). Register with us today at www.stockcall.com/ to have free access to these researches. 

While gold prices remain relatively high, the metal has seen a recent drop in price in the last few days. Gold which is priced in U.S. dollars had most recently since another increase in value following news of the U.S. government's $600 billion dollar qualitative easing program. The Qualitative easing program news helped devalue the U.S. currency and pushed investors to the natural haven in times when dollar goes down. However, recent economic trouble in China and Europe has seen the U.S. dollar gain on foreign currencies, making gold less attractive to foreign investment. It should be noted, however, that gold is still 19.92% higher than it was a year back and 191.46% higher as compared to five year ago. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the gold industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the gold industry can have easy and free access to our analyst research and opinions on Northgate Minerals Corp. and Rubicon Minerals Corporation; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Companies in the Gold industry have also had their fair share of complications. In spite of the high price of gold, some companies such as Northgate Minerals Corp. have reported a slightly wider quarterly net loss on the back o a drop in gold and copper production, impaired by inferior production and elevated production costs. Northgate Minerals Corp. research report is accessible for free by registering today at www.stockcall.com/NXG161110.pdf

Others in the industry are trying to capitalize on the high price of gold by expanding their operations. Increased exploratory drilling has led to the discovery of high grade gold intercepts in some cases, and successful companies such as Rubicon Minerals Corporation are now rushing to prepare resources estimates in order to properly assess and continue with their operations. Rubicon Minerals Corporation research report is available for free by signing up now at www.stockcall.com/RBY161110.pdf

Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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