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Why Forecasts for Gold Prices May Be Predicting a Rise This Year Due to Weakening Dollar


Why Forecasts for Gold Prices May Be Predicting a Rise This Year Due to Weakening Dollar
FinancialNewsMedia.com News Commentary
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PALM BEACH, Fla., Jan. 27, 2021 /PRNewswire/  Since it January of a new year, it s time for Wall Street analysts and experts to chime in on predictions for the coming year, in stocks, bonds and, of course, metals… such as gold. The projections can be based on similar historical occurrences, where what happened before should happen again because when the present circumstances existed before this is what happened . They can go back several years of even decades. Other viewpoints point to situations that are viewed as well observed If Then rules. (i.e., IF this happens, THIS is the result ).  Some analysts from both these viewpoints have looked into their crystal balls and have projected that gold will hit $2,300 in 2021. Here are some examples.  An article on Yahoo relied upon its belief tha ....

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Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine


Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine
TORONTO, Dec. 17, 2020
Alamos Gold Inc. (
TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.
The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally. ....

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Alamos Gold doubles its land base near Dubreuilville


Alamos Gold doubles its land base near Dubreuilville
Gold miner sees more high-grade possibilities east of its Island Gold Mine
Dec 20, 2020 1:00 PM
By: Northern Ontario Business Staff
Alamos Gold has wrapped up an agreement to acquire its Dubreuilville neighbour, Trillium Mining, for $25 million.
Trillium s namesake gold project is comprised of 5,418 hectares located to the east of Alamos Island Gold Deposit. It hosts the former Edwards and Cline gold mines. Dubreuilville is 15 kilometres to the west.
In a Dec. 17 news release, Alamos said this acquisition more than doubles their land position in the area by 57 per cent. The company will have almost 15,000 hectares at its disposal in Michipicoten Greenstone Belt of this northeastern Ontario gold camp. ....

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Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property


News Category Global Banking & Finance Reviews
Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property
Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property
SUDBURY, Ontario, Dec. 16, 2020 Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce initial assay results from its ongoing drill program along the eastern portion of the Baltimore deformation zone (the “BDZ”) on its 100% owned Goudreau Project in Northeastern Ontario. Highlights of drill results are from the Stover occurrence, where the Company has completed 5 drill holes to date. ....

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