SOURCE: Global Equity Reporter
BEIJING--(Marketwire - Jul 1, 2011) - Today, www.GlobalEquityReporter.com announced its research report highlighting Greenwood Gold Resources, Inc. (OTCBB: GGRI) and El Capitan Precious Metals, Inc. (OTCBB: ECPN). Full report download is available at www.GlobalEquityReporter.com/access.php.
This sector can be sensitive to supply and demand fluctuations because the price of raw materials, such as gold or other metals, is largely demand driven. Sector performance is up 4.8% from the beginning of 2011 and expectations are looking forward to continued growth of an impressive 35% for Basic Materials sector in 2011. Taking into account the industrialization of China and India, the potential for a greater demand for basic materials is strong. The price of gold has been rising steadily since 2001, and it is believed that the price will increase again in 2011.
Global Equity is reporting on Greenwood Gold Resources, Inc. as an exploration- stage company which focuses to conduct exploration activities on one property located in Central Newfoundland, Canada. The property consists of 13 claim blocks totaling 325 hectares or approximately 803 acres. GGRI announced on June 30, 2011 their preliminary plans for preparation of the Summer Property exploration work program, which would fulfill the requirement for undertaking a $350,000 work program on the Summer Property. The full report and profile on Greenwood Gold Resources, Inc. (OTCBB: GGRI) is available here: www.GlobalEquityReporter.com/get.PDF.1824.php.
Global Equity Reporter brings El Capitan Precious Metals, Inc. to light because it is an exploration-stage company. The Company is a precious minerals company based in Scottsdale, Arizona. ECPN are principally engaged in the exploration of precious metals and other minerals. The Company's properties include El Capitan Property and COD Property. As of September 30, 2010, the Company had a 40% interest in El Capitan, Ltd., an Arizona corporation (ECL). The full report and profile on El Capitan Precious Metals, Inc. (OTCBB: ECPN) is available here: www.GlobalEquityReporter.com/get.PDF.1937.php.
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