Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically gold bullion, please see the attached article from The Gold Report titled, “Gold Price Could Still Hit $1,200 This Year”

Bullish on gold since it carried a $400-per-ounce price tag, Blue Phoenix Chief Investment Strategist John Licata expects the king of metals to ring in the New Year with a $1,200-per-ouncecrown. Interview with The Gold Report.

Please click here to read the article in its entirety.

Regards,
AGORACOM

Gold price could still hit $1,200 this year

Bullish on gold since it carried a $400-per-ounce price tag, Blue Phoenix Chief Investment Strategist John Licata expects the king of metals to ring in the New Year with a $1,200-per-ouncecrown. Interview with The Gold Report.

Author: The Gold Report
Posted: Wednesday , 02 Sep 2009

VANCOUVER, BC -

Investment strategist John Licata reckons gold remains one of the best asset plays in the world. With recovery on the horizon, silver is also seen as a good investment - in part because a pickup in manufacturing will drive up demand. While it may be premature to claim economic recovery, copper is not seen as serving as the traditional harbinger of a return from recession this time. The rationale? Good economic news-while too inconsistent to make recovery imminent-is already baked in to copper's climb this year.