Friday, February 20, 2009

Hunt Gold Corp. (HGLC.PK) Valuation Soars as Gold and Silver Prices Ascend

With Gold prices now close to $1,000 an ounce, Hunt Gold Corp.’s gold mining properties are substantially increasing in value. In fact, Jeffrey Nichol, head of American Precious Metals Advisors, claimed yesterday that Gold Prices could rise higher than $2,500 per ounce in the future.

Hunt Gold also retains interest in Silver Mining through its stockholding in a Silver Company. Silver has also done extremely well the past few months, rising from $8.40 an ounce to more than $14 an ounce. The company’s valuation will continue to rise as precious metal prices benefit from investors’ demand for “safe haven” investments.

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