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Gold Stocks Slump to Start 2013 as Gold Prices Have Fallen Approximately 6% Year-to-Date RDInvesting Provides Stock Research on Brigus Gold and Jaguar Mining


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© Marketwire 2013
2013-02-25 14:30:31 -

NEW YORK, NY -- (Marketwire) -- 02/25/13 -- Gold stocks have struggled in 2013 as growing optimism for the global economy has lessened gold's appeal as a safe haven. Both the Market Vectors Gold Miners ETF (GDX) and the Market Vectors Junior Gold Miners ETF (GDXJ) have fallen nearly 20 percent year-to-date. Research Driven Investing examines investing opportunities in the Gold Industry and provides equity research on Brigus Gold Corp. (NYSE: BRD) (TSX: BRD) and Jaguar Mining Inc. (NYSE: JAG) (TSX: JAG)



Access to the full company reports can be found at:





www.RDInvesting.com/BRD : ctt.marketwire.com/?release=989585&id=2659954&type=1& ..



www.RDInvesting.com/JAG : ctt.marketwire.com/?release=989585&id=2659957&type=1& ..



Since reaching $1,750 an ounce in December gold prices have fallen as low as $1,572.40a troy ounce, a seven-month low. Investors have been worries that minutes released from the latest Federal Open Market Committee would signal an end to the third round of stimulus measures. Gold prices have declined for three consecutive weeks and are down approximately 6 percent in 2013.



"One of the things that drove a lot of people into gold is fear of the European Union breaking up and the euro disintegrating. None of that happened," said Frank Lesh, broker and futures analyst with FuturePath Trading. "Some of the reasons you'd buy and hold gold are just not there anymore," Lesh said.



Research Driven Investing releases regular market updates on the Gold Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.RDInvesting.com : ctt.marketwire.com/?release=989585&id=2659960&type=1& .. and get exclusive access to our numerous stock reports and industry newsletters.



With approximately 1.8 million ounces of gold in reserves, increased cash flow, and projects ready for development, Brigus Gold is well positioned for growth. It combines current production with an excellent development pipeline in primarily low-risk operating jurisdictions. The company's Black Fox mine located near Timmins, Ontario is currently producing gold and is on track to reach steady state production levels of 90,000 - 100,000 gold ounces in 2013.



Mines in the district where Jaguar currently operates have proven continuity to depths of up to 2,400 meters. Jaguar's mineral resources are to an average depth of less than 400 meters. In addition, the company's Gurupi project represents an excellent opportunity for future growth through the development of a major open pit mining operation. The company reported total production of 102,823 ounces of gold for the full year 2012.



Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Research Driven Investing is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:



http://www.rdinvesting.com/disclaimer : ctt.marketwire.com/?release=989585&id=2659963&type=1& ..



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