LAS VEGAS, June 10, 2009 (GLOBE NEWSWIRE) -- There is a growing opinion that governmental moves in Washington could benefit gold and gold stocks. In looking at historical data, these forward-looking arguments aren't without merit.
A compelling article by Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, compares the ascent of gold after the U.S. government pumped money into the economy during the Vietnam War to the present government recovery programs. His argument uses the previous case study as an indicator that similar good times for gold and related gold stocks could well follow.
To read the article, use the link below: http://www.kitco.com/ind/Holmes/holmes_jun082009.html
This bodes well for Uranium Hunter Corporation (OTCBB:URHN), which has added to its uranium portfolio a considerable gold interest via a Joint Venture Agreement to acquire 49% interest of the Eagle Nest Mining Property Claims ("Eagle Nest") located in La Paz County, Arizona. The Eagle Nest Mining Property includes a previously producing Au-Cu-Ag-Fe (Gold, Copper, Silver and Iron) mine located 10 miles off Highway 95. Easy access to the mine site and a good water supply will facilitate ease of construction for a potential processing plant as well as expansion of the mine site.
Closing prices for Uranium Hunter Corporation have more than doubled since URHN's May 27, 2009 trading day.
Investors in leading gold equities Apollo Gold Corp. (Amex:AGT), Eldorado Gold Corp. (Amex:EGO), New Gold Inc. (Amex:NGD), Yamana Gold Inc. (NYSE:AUY), and Gammon Gold Inc. (NYSE:GRS) are invited to view a profile of Uranium Hunter Corporation at http://smallcapsentinel.com/URHN
Register to receive exclusive information on emerging public companies at http://smallcapsentinel.com/register
Join the discussion on every aspect of the stock market at www.FiSpace.net
To be featured in our publications please use the contact information below.
Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. Integrity Media Inc. (IMI). IMI provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies haven't always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities and is for information purposes only and shouldn't be used as basis for investment decisions. IMI isn't an investment advisor, analyst or licensed broker dealer and this report isn't investment advice. IMI. has been compensated $3,500 for this publication and other advertising services by Archon Global, a financial public relations consultant to URHN. Paid reports constitute a conflict of interest as to IMI's ability to remain objective in communication regarding subject companies. S. Convery CRD#2495267.