SOURCE: StockCall


September 28, 2010 09:21 ET

Research on Oilsands Quest and New Gold -- Gold Prices Hitting Record Level While Oil Prices Going Down

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 28, 2010) - offers investors comprehensive research on the nonmetallic mineral mining industry and has completed analytical research on Oilsands Quest Inc. (AMEX: BQI) and New Gold Inc. (AMEX: NGD). Register with us today at to have free access to these researches. 

The different sectors of the mining industry have been posting mixed results, as the price of raw materials has been fluctuating recently. Gold prices hit a record $1,300 an ounce this week with a push from a weaker dollar; however oil prices have been lackluster. Register now at to have free access to our reports on the nonmetallic mineral mining industry. is an online platform where investors doing their due-diligence on the nonmetallic mineral mining industry can have easy and free access to our analyst research and opinions on Oilsands Quest Inc. and New Gold Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

Gold mining companies such as New Gold Inc. saw shares rise with the headline making pricing news and yet reservations remain. At a glance it would seem that high gold prices would be all good news, nevertheless the high price of gold is substantially denting demand for it. While gold miners may have seen the value of their supply jump, demand, especially in the jewelry sector which accounts for 60% of all gold purchases may be negatively impacted. Investors can register for free to access the research report on New Gold Inc. at

Elsewhere in the nonmetallic mineral industry, oil exploration companies such as Oilsands Quest Inc. which are involved in oil sands production are having a rougher time. With extraction costs for oil sand ventures being higher than conventional oil plays, companies in the oil sand niche have seen margins decrease recently as the price of oil has dropped. The global oversupply and reduced demand is being cited for the reduced price and drawn back outlook. Investors can register for free to access the research report on Oilsands Quest Inc. at

Visit 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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