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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: INDUSTRY BULLETIN - Institutional and Retail Demand to Create "Perfect Storm" for Gold and Silver Prices

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INDUSTRY BULLETIN - Institutional and Retail Demand to Create "Perfect Storm" for Gold and Silver Prices

posted on Sep 29, 08 08:36AM

Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding precious metals, please see the attached article by Mark O`Byrne, Precious Metals Analyst titled, Institutional and Retail Demand to Create "Perfect Storm" for Gold and Silver Prices.

Both technically and fundamentally gold is looking as good as it has ever done and prices are set to surge in the coming months. Informed speculation is that once the election is over on November 4th we will see fireworks in these markets and a price surge akin to that seen in the late 1970s. In the four years after the election of Jimmy Carter, gold surged by more than 700% and given the confluence of even more bullish factors in this election year, we are likely to see a similar price surge.

Gold Investments Market Update - Institutional and Retail Demand to Create "Perfect Storm" for Gold and Silver Prices

By Mark O`Byrne

Precious metals analyst

Mark O`Byrne

29 September 2008 @ 08:43 am EST

Gold and silver rose slightly Friday (gold closed at $881.20 up $6.80 while silver closed at $13.38 up 19 cents). They were thus higher (gold by 2% and silver by 8%) for a second consecutive week which is very bullish from a technical basis and with momentum and the trend now up it looks like the sell off is over and we should reach $1,000/oz in the coming weeks.

Please click here to view the article in its entirety.

Regards,

AGORACOM Investor Relations

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