The Market Watcher #431
Gold is the grab for concerned investors.
Hemisphere Gold Inc (HPGI)
$1.14
"Given the trend of the current trend, we envisage further gains, with
no serious reversal until $850 to $870 at the earliest," said analysts
at Commerzbank. "However, if gold manages to hold on above the latter
figure for any length of time, it could then overshoot and advance
rapidly to as much as much as $1,000," Promising future for gold pushes
investors to move to safer ground amid a falling dollar and negative
corporate forecasts.
Amid this investment gold rush, Hemisphere Gold is drawing attention of
investors in the last month as they have continued to announce gold
findings in the gold belt in South America. Shares prices have already
climbed over 115% and we are expecting this climb to continue in the
trends of the current market.
Next week an aggressive marketing campaign is expected to draw attention
to the investment potential provided by HPGI. Those looking for maximum
returns are already moving on it this week as it is expected to climb
hard with next weeks new exposure to investors.
|