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Rubicon Minerals Still Hot: Shares Hit
Record of $5.04, Analysts Remain Bullish

Top 10 Reasons Why Gold Must Go Higher

Gold Hits Fresh Highs, Gold Stocks Lag

Gold Hits New Highs as Asian Demand Increases

Gold Hits Record High Near $1,100

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Rubicon Minerals Still Hot: Shares Hit Record of $5.04, Analysts Remain Bullish


December 31, 2009

Shares of Rubicon Minerals (RBY) hit fresh highs on Monday as gold prices showed signs of reversing a month-long downtrend. The record high of $5.04 roughly represents a 600% increase since our buy alert in late 2008. We remain rather bullish on Rubicon Minerals as the company continues to expand and define its high grade gold zone at prolific Red Lake, ON.

According to analysts, Rubicon's drilling program is still in it's early stages yielding significant potential for more high grade intercepts. However, analysts are somewhat divided on when we could get resource estimates. Until then, RBY is subject to increasing speculation which could drive its price considerably higher.

Analysts' Recent Comments on Rubicon and the Drilling Program

"We believe Rubicon has the opportunity to bring a low-cost gold mining operation into production at a comparatively lower capital cost by exploiting the higher-grade zones within its F2 deposit and by utilizing the existing infrastructure on the property. These characteristics should give the company the advantage to be able to do this independently, which in our opinion, would give Rubicon the ability to be more selective about its future opportunities, either as a producer or as an acquisition target.


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Top 10 Reasons Why Gold Must Go Higher


November 23, 2009


If you think that the price of gold has reached a top, then think again. Although a correction is likely in the near term, prices are sure to continue their bullish trend in early 2010. $1,165 is not even close to the top for all of the following reasons:

1. Silver, Platinum, and Oil Have Yet to Reach Last Year's Highs

If gold prices were presently at a top, then the price of silver, platinum, and oil would also be at record highs--but that's just not the case. Gold is alone in setting record highs while other commodities are still in rebound mode and have a long way to go.

2. Gold Prices Are Lingering at Record Highs

When gold reached record highs of $850 in January 1980, it was a quick move. The price jumped over $100 in a week and fell over $100 during the following week. Prices didn't revisit $850 for another 27 years!

Fast forward to 2009, we see that gold prices took much longer to move up to record prices and it is taking even longer for prices to correct.

3. Gold is at Record Highs in Dollar Terms Only

Gold priced in Euros, Australian Dollars, British Pounds, Swiss Francs, and Japanese Yen are not even close to highs set earlier this year as evident in the chart below:





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