SOURCE: The Bedford Report

The Bedford Report

September 16, 2011 08:16 ET

US Gold Corp and New Gold Seek to Expand Reach

The Bedford Report Provides Equity Research on US Gold Corp & New Gold

NEW YORK, NY--(Marketwire - Sep 16, 2011) - With the price of Gold near all-time highs, analysts and investors are beginning to question the underperformance of Gold Mining stocks. Between January and August, the price of gold has risen a staggering 29 percent, while the XAU Index of precious metal mining stocks has fallen a surprising 4 percent. The Bedford Report examines investing opportunities in the precious metals sector and provides stock research on US Gold Corporation (NYSE: UXG) (TSX: UXG) and New Gold, Inc. (NYSE Amex: NGD) (TSX: NGD). Access to the full company reports can be found at:

Analysts at TD Securities go as far as to argue that gold stocks have had the worst performance relative to the price of gold in roughly ten years.

Gold miners from across the globe have been feverishly boosting production to match high demand for the precious metal. World Gold Council (WGC) officials argued last week that Gold demand, which dropped in the second quarter of this year, is expected to strengthen by the end of 2011, driven by strong jewelry buying in China and India.

The Bedford Report releases equity research on the gold industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

US Gold explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production. Earlier this month US Gold and Minera Andes Inc provided an update on the proposed merger of US Gold and Minera Andes.

New Gold is an intermediate gold mining company. The company has a portfolio of three producing assets and three significant development projects. The company's Mesquite Mine in the United States, the Cerro San Pedro Mine in Mexico and Peak Gold Mines in Australia are expected to produce between 380,000 and 400,000 ounces of gold in 2011.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

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