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AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

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We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: European Central Banks Agree to Third Cap on Gold Sales

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Re: European Central Banks Agree to Third Cap on Gold Sales

in response to European Central Banks Agree to Third Cap on Gold Sales by AGORACOM

posted on Aug 07, 09 11:25AM

yes. I was starting to think this was not going to come to fruition.

Reduced selling by ECB is already part of the current contract, and I suspect that some of the banks are hesitant to sell into a rising price.

This puts further pressure on the gold price to move up as supply and demand are not equal, supply is less than demand. Excellent scenario for an environment with a rising gold price and declining production

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McLaren Resources

Blue Quartz Property surrounded by numerous past and presently productive gold mines
Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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