Dear Firestone Shareholders,
In our ongoing efforts to provide broader communications and market information, we are pleased to provide you with Industry Sector Bulletins discussing current market opinions and/or conditions that affect the price, supply, and demand of Gold.
Gold is now at a 16 month high and precious metal markets appear to be heading into a "perfect storm" on bullish fundamental factors and a growing world economy. Growing demand, shrinking supply, a declining dollar and inflation concerns are all factors which recently boosted gold and precious metal prices.
Enter Firestone Ventures, a company exploring a diverse and high-quality portfolio of mineral projects in western Canada and Guatemala. The Company's holdings are focused on ZINC, GOLD and URANIUM. Firestone recently announced the completion of the summer, 2007 drilling program on the Company's Sonora gold-silver-copper property, located 110 km northwest of Carmacks, Yukon Territory, Canada. The program consisted of 2,024.9 metres of diamond drilling in 12 holes testing three major target areas.
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For Further Information about Firestone Ventures please feel free to click the following link to visit the Company’s Stock Hub.
FIRESTONE VENTURES STOCK HUB
Regards,
AGORACOM Investor Relations
Gold hits 16-month high
Reuters - September 19, 2007
Gold hit a new peak on Wednesday and is poised to scale 28-year highs on safe-haven buying and a sharp drop in the dollar after the U.S. Federal Reserve slashed interest rates.
Other precious metals also firmed, with platinum rising to its highest in nearly eight weeks, silver hitting a six-week peak and palladium touching its best level in almost a week.
Spot gold touched $726 (U.S.) an ounce, its loftiest level since May, 2006, before easing to $723.35/724.05 by 10:06 (GMT), against Tuesday's late New York levels of $719.30/720.30.
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