InvestorIdeas.com Exclusive Feature Article: Why Gold? Tips for Investors On Where Gold Stands Today

POINT ROBERTS, WA & Delta, B.C. June 16, 2004 -- www.InvestorIdeas.com - Gold and Resources portal page is pleased to provide investors interested in gold stocks an exclusive article, "Why Gold? Tips for Investors On Where Gold Stands Today." To give investors insight on the industry, the article includes an interview with Michael Meyers, President of Running Fox Resource Corporation, a British Columbia based resource exploration firm. The site offers investors information on gold stocks, mining stocks, precious metals stocks, mineral exploration/development and provides industry research. The site also features a growing list of participating public and private companies.

Why Gold? Tips for Investors On Where Gold Stands Today
By Jennifer Lee

A Vancouver based resource exploration company, Running Fox Resource Corporation, has recently answered questions for investors who are considering just why they should invest in gold and what it is that sets Canadian based exploration firms apart on the world stage. The company is also currently involved in exploring an area called the Brett Property, located approximately 29 kilometres West of Vernon in south-central British Columbia, Canada. Running Fox President Michael Meyers comments on the following:

Its been said that gold's bull run has now begun to level off. How would you describe this particular period in time, for investors who may be looking at gold? What are some of the factors about this industry, that investors need to take into consideration now, before investing their money?

Answer:
"The bull run may have levelled off, but as inflation creeps in, (oil prices, housing etc), the defensive stocks like gold will perform as hedges. The overall long term bull run has just started. We are currently in a pull-back, correction or consolidation phase, due in part to the rapid rise over the last year. As in most long-term gold bull markets the required conditions are starting to add up and the next phase will be fuelled by stronger Asian demand (especially in China), US dollar weakness, inflation, political and financial instability, rising real interest rates and a few other surprises in the financial conditions of developing countries.

What promise do you see in Canadian gold and more specifically where do you see things headed (especially right here in B.C.) over the next two to three years?

Answer:
"The benefits of British Columbia gold properties are very simple: political stability, fair legal and title systems and a skilled workforce. Previous governments stalled the industry with red tape and exploration seekers and miners went elsewhere, even though some of the best geology is in B.C. This has changed now and the desire at the government levels is ripe for projects. Since we enjoy the aforementioned benefits, we are a more stable place in which to mine. This means that better quality capital pools are available at a lower cost (interest rates) for project finance.

Link to the full article: http://www.investorideas.com/NR/Why_Gold.asp
Running Fox Resource Corporation is a publicly traded company, traded on the Toronto Stock Exchange Venture under: "RUN" OTCBB - PINK - "RFXRF." For more information on the company please visit: www.foxgold.ca. Running Fox is a featured profiled paying client of InvestorIdeas.com. Please read declaimer below.

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