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Gold Stocks Outperforming Bullion as Companies Continue to Improve Margins

01.11.2012  |  Marketwire
Five Star Equities Provides Stock Research on Brigus Gold and Golden Star Resources

NEW YORK, NY -- (Marketwire) -- 11/01/12 -- After a solid start to the year, gold mining stocks have struggled of late. The Market Vectors Gold Miners ETF (GDX) is down more than 4 percent over the last month, while the Market Vectors Junior Gold Miners ETF (GDXJ) has crumbled more than 5 percent over the that period. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Brigus Gold Corp. (NYSE: BRD) and Golden Star Resources Ltd. (NYSE: GSS) (TSX: GSC).


Access to the full company reports can be found at:

www.FiveStarEquities.com/BRD

www.FiveStarEquities.com/GSS


Since the end of June until now gold stocks have begun to outperform bullion. Over that time period the S&P/TSX Global Gold Index has gained 12 percent, while gold futures in New York have gained roughly 6.7 percent. Shares of major gold companies such as Goldcorp Inc. and Agnico-Eagle Mines Ltd. have surged recently as earnings have beat profit estimates as a result of lower costs and higher cash flow.

"The gold shares are starting to outperform the gold price," David Christensen, CEO of ASA Gold and Precious Metals Ltd. "As the companies begin to tighten their operating constraints and generate more cash flow; we're seeing some of that turnaround in the valuations in the industry."

Five Star Equities 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.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Brigus Gold is a high quality emerging mid-tier gold producer with projects in Ontario and Saskatchewan, with approximately 1.86 million ounces of gold in reserves. Brigus recently announced $10 million in flow-through financing which will fully fund an increased exploration program for 2013. The company is scheduled to release its third quarter 2012 results on November 13, 2012.

Golden Star is a mid-tier gold mining company over a quarter-century in age and total historical production of over two million ounces of gold. During the first 9 months of the year the Golden Star produced 246,248 ounces of gold, an increase of 7 percent from the year-ago period. The company is scheduled to release third quarter 2012 results after market on November 7, 2012.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer



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