Resource World Magazine

Resource World - Dec-Jan 2015 - Vol 13 Iss 1

Issue link: http://resourceworld.uberflip.com/i/423464

Contents of this Issue

Navigation

Page 13 of 63

14 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 5 www.lomiko.com info@lomiko.com Graphite in Quebec TSXV: LMR FSE: DH8B OTC: LMRMF TSX.V: AEX www.alpha-aex.com | toll free: 1-866-629-8368 | info@alpha-aex.com "The AEX management team will use their direct, hands-on experience gained at Hathor's Roughrider discovery and the PLS discovery with Alpha Minerals in order to build shareholder value at Alpha Exploration." – Dr. Michael H. Gunning, CEO, Chairman, Alpha Exploration Inc. n PROVEN, Award Winning LEADERSHIP with a track record of SUCCESS n Strong Capital Structure n Well-Funded n Actively Exploring n Operating in geological settings with a proven record of high-grade uranium discoveries – SASKATCHEWAN Alpha is a junior mineral exploration company focused on uranium in the Athabasca Basin in northern Saskatchewan, Canada. The Company is based in Vancouver and its common shares are listed on the TSX Venture Exchange under the symbol "AEX". Alpha is well financed to actively explore a portfolio of early-stage properties. Alpha continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition. Please visit Alpha's website for any additional information on our management, properties, technical reports, latest news and stock information. 2015 MAY BRING ANOTHER URANIUM BOOM. ARE YOU POSITIONED TO BENEFIT? by an average of 5%. To put that into per- spective, consumers and investors in China bought about 1,200 tonnes of gold in 2013 alone. That works out to 20% more gold than the current combined gold holdings of all US-listed gold-backed ETFs. Another aspect of the gold market that cannot be ignored is the roll the central banks are playing. Global central banks added 242 tonnes of gold to their reserves in the first half of 2014 and are estimated to double that to 500 tonnes by the end of the year, the World Gold Council estimates. China is the largest foreign holder of US Treasury bonds and has not updated its bullion reserves since 2009 when it reported holdings of 1,054 tonnes. Beijing is suspected of buying gold since then, with unreported central bank purchases explaining a gap between China's private- sector demand and visible supply. Silver has been dubbed the "devil's metal" since it is much more volatile than gold with which it is closely linked. From December 2001 to June 2008, silver tripled and gold surged 70% with both touching record highs, as the Fed pumped more than $2 trillion into the US financial system and cut interest rates. Last year, when signs of economic growth sent gold down 28%, sil- ver plunged 36%. According to the Silver Institute, invest- ment demand remains the single most important driver of prices in the silver mar- ket since it is widely held by investors in exchange traded funds. Despite this fact, industrial use of silver including jewelry, accounts for up to 75% of global silver demand. Investors are dis- missing industrial demand and focusing instead on the waning appeal of precious metals has a safe haven. What is surprising is the fact that the industrial demand for silver outstripped supply last year and is expected to do so again according to Metals Focus, a precious metals consultancy. "The industrial driver can help, but I don't think it's as influential as the inves- tor," commented Robin Bhar, head of metals research at Societe Generale SA in London, the most accurate forecaster tracked by Bloomberg. Bhar forecasts that silver will average US $16.05/oz in 2015

Articles in this issue

Links on this page

Archives of this issue

view archives of Resource World Magazine - Resource World - Dec-Jan 2015 - Vol 13 Iss 1