As Gold Prices Fluctuate, the Driving Factors for Higher Prices Remain Long Term

Released on = June 29, 2006, 10:37 am

Press Release Author = Econ Corporate Services, Inc

Industry = Financial

Press Release Summary = Gold-MiningStocks.com - Golden Peaks Resources Ltd.,
Goldcorp Inc. and Alamos Gold Inc. Provide Industry Perspectives on the Gold Market

Press Release Body = As Gold Prices Fluctuate, the Driving Factors for Higher Prices
Remain Long Term

Gold-MiningStocks.com - Golden Peaks Resources Ltd., Goldcorp Inc. and Alamos Gold
Inc. Provide Industry Perspectives on the Gold Market


POINT ROBERTS, WA, Delta B.C. - June 29, 2006 - www.Gold-MiningStocks.com (GMS), and
www.MiningSectorStocks.com (MSS), investor and industry portals for the gold and
mining sector are pleased to present a gold market outlook entitled, "As Gold Prices
Fluctuate, the Driving Factors for Higher Prices Remain Long Term." So far this
year, gold has seen its share of sharp increases and periodic corrections, including
the one currently taking place in the market. Offering perspective as we move
through this correction period are Ian Telfer, President and CEO of Goldcorp Inc.,
Scott Emerson, Chairman and Director of Golden Peaks Resources Ltd. and Alamos
Gold's President and CEO John A. McCluskey.

According to Scott Emerson, Chairman and Director of Golden Peaks Resources Ltd.
(TSX Venture: GL), an international exploration and resource development firm
focused on Argentina, "We remain bullish on the yellow metal. Despite the recent
price correction the price of gold (June 26, 2006) is 144.50% higher than it was one
year ago. The fundamentals have not changed and Company\'s focus and business plan
remain unchanged."

As the World Gold Council currently reported declines in supply over last year's
levels, Goldcorp Inc. (TSX: G; NYSE: GG) President and CEO Ian Telfer has said he
also believes that, "World gold supplies are under pressure as mine production
around the world is declining." Looking at the market, Telfer also says, "It is
true, some mid-tier producers will increase production in the years ahead," but he
said he believes the company will continue to focus on expanding their own
production operations first and foremost.
In the midst of declining supplies, mid-tier producers are expected to boost
exploration and eventually add their share to supplies. Alamos Gold Inc. (TSX: AGI)
President and CEO John A. McCluskey offers that over the summer period he expects
there may be, "volatility in the short term, as the correction continues. Gold is
still primarily trading in an inverse relationship to the USD." In addition to
this, he says at present, "While we are currently in a correction phase, Q1'06 was
very positive for gold producers that were unhedged."
To Read "As Gold Prices Fluctuate, the Driving Factors for Higher Prices Remain Long
Term" In Full Click Here: http://www.gold-miningstocks.com/articles/062906a.asp

About our Mining Portals:
www.Gold-MiningStocks.com (GMS) and www.MiningSectorStocks.com (MSS), portals within
the InvestorIdeas.com content umbrella, do not make recommendations, but offer
investors research, news and links to public companies within the mining sector. GMS
also provides mining sector content through its Gold and Mining Blog available at
Gold-MiningStocks.com.

For our comprehensive list of Gold and Mining stocks:
http://www.Gold-MiningStocks.com/Gold_Stocks/Stocks_List.asp
Featured Gold and Mining Portal Sponsor: (GMS and MSS are compensated by Golden
Peaks as disclosed in disclaimer.)
Golden Peaks Resources Ltd. (TSX Venture: GL) is a progressive international
exploration and resource development firm that holds over 385,000 acres of
prospective land holdings in four of Argentina\'s most established mining districts.
For More Info: http://www.gold-miningstocks.com/CO/GL/Default.asp
InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp. Our sites
do not make recommendations, but offer information portals to research news,
articles, stock lists and recent research. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. We attempt to
research thoroughly, but we offer no guarantees as to the accuracy of information
presented. All Information relating to featured companies is sourced from public
documents and/ or the company and is not the opinion of our web sites. GMS is
compensated by Golden Peaks Resources Ltd. (TSX Venture: GL) for five thousand
dollars per month.
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Ann-Marie Fleming 866.725.2554
Email: afleming@investorideas.com

Web Site: www.InvestorIdeas.comT

Source: Gold-MiningStocks.com, Golden Peaks Resources Ltd., Goldcorp Inc., Alamos
Gold Inc.



Web Site = http://www.gold-miningstocks.com

Contact Details = Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Ann-Marie Fleming 866.725.2554
Email: afleming@investorideas.com

Web Site: www.InvestorIdeas.comT

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