Press Release Summary = NovaGold Resources Inc., Silvercorp Metals Inc., Endeavour Silver Corp., Canarc Resource Corp., and Hunter Dickinson Inc. Offer Their Viewpoints
Press Release Body = MiningSectorStocks.com - Following the Trail of Mining Mergers and Acquisitions
NovaGold Resources Inc., Silvercorp Metals Inc., Endeavour Silver Corp., Canarc Resource Corp., and Hunter Dickinson Inc. Offer Their Viewpoints
POINT ROBERTS, WA, Delta B.C. - March 17th, 2006 - www.MiningSectorStocks.com (MSS) and www.Gold-MiningStocks.com (GMS), investor and industry portals for the gold and mining sector, are pleased to present, "Following the Trail of Mining Mergers and Acquisitions." Mining companies NovaGold Resources Inc., Silvercorp Metals Inc., Endeavour Silver Corp, Canarc Resource Corp. and Hunter Dickinson Inc. provide insight into changes and shifts taking place in the mining sector.
Trends and factors include 2005 marking a shift in the mining sector, as mega mergers unfolded, lending shape to one of the world's largest gold mining companies, Barrick Gold Corporation. Additionally factors such as a shift in China's regulatory policies and the prospect of silver becoming an ETF, have influenced changes taking place in this sector.
Greg Johnson, Vice President of Corporate Communications for NovaGold Resources Inc. (AMEX:NG; TSX: NG) commented, "we see the revaluation of gold back toward more historic ratios relative to the value of the major stock indices along with increased purchase of gold by central banks to diversify their holdings beyond the US dollar, as key drivers for gold's continued advance over coming years."
Hugh Clarke, director of Investor Relations at Endeavour Silver Corp. (TSX: EDR; OTC.PK: EDRGF) offered insight that, "last year's trend in mergers and acquisitions was a natural phenomenon, given the market conditions. It is inevitable that this trend will continue and accelerate in the near future."
Canarc Resource Corp. (TSX: CCM; OTCBB: CRCUF) Gregg Wilson, Manager of Investor Relations said, "mergers and acquisitions such as we have seen over the past year are a normal part of the commodities cycle. Companies who are wanting to grow or replace a depleting resource will acquire other companies or projects to accomplish this end."
Cathy Fong, Vice President of Corporate Development for Silvercorp Metals Inc. (TSX: SVM) commented that overall, "we see that China is very progressive in their business dealings and that their policy is very pro-business. That is so inviting for foreign companies right now and we would definitely like to expand, not only in silver mines but in other mining opportunities as well."
To Read "Following the Trail of Mining Mergers and Acquisitions" In Full Click Here: http://www.miningsectorstocks.com/Articles/Mining_M_and_A.asp
About our Mining Portals:
www.MiningSectorStocks.com (MSS) and www.Gold-MiningStocks.com (GMS) are investor and industry news portals for the gold and mining sector within the InvestorIdeas.com content umbrella. The MSS and GMS websites do not make recommendations, but offer unique free information portals to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.
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For more info on Canarc Resources (TSX: CCM; OTC BB: CRCUF): www.Gold-GiningStocks.com/CO/CRCUF/Default.asp or visit the company\'s website at: www.canarc.net. For more info on Endeavour Silver Corp. (TSX: EDR; OTC.PK: EDRGF): http://www.MiningSectorStocks.com/CO/EDRGF/Default.asp or visit the company's website at: http://www.edrsilver.com 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 and MSS are compensated by Canarc Resource Corp (TSX: CCM; OTCBB: CRCUF) two thousand five hundred per month. Endeavour Silver Corp. (TSX: EDR; OTC.PK: EDRGF) two thousand five hundred per month. For more information contact: Dawn Van Zant 800.665.0411 Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com Web Site: www.InvestorIdeas.comT
Contact Details = Dawn Van Zant 800.665.0411 Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com Web Site: www.InvestorIdeas.comT
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