Alamos Gold Inc.TSX: AGI

As Gold Prices Fluctuate, the Driving Factors for Higher Prices Remain Long Term

· Issued by Alamos Gold Inc. via CNW
Gold-MiningStocks.com - Golden Peaks Resources Ltd., Goldcorp Inc. and
Alamos Gold Inc. Provide Industry Perspectives on the Gold Market

POINT ROBERTS, WA, and DELTA, BC, June 29 /CNW/ -
www.Gold-MiningStocks.com (GMS), and www.MiningSectorStocks.com (MSS),
investor and industry portals for the gold and mining sector are pleased to
present a gold market outlook entitled, "As Gold Prices Fluctuate, the Driving
Factors for Higher Prices Remain Long Term." So far this year, gold has seen
its share of sharp increases and periodic corrections, including the one
currently taking place in the market. Offering perspective as we move through
this correction period are Ian Telfer, President and CEO of Goldcorp Inc.,
Scott Emerson, Chairman and Director of Golden Peaks Resources Ltd. and Alamos
Gold's President and CEO John A. McCluskey.
According to Scott Emerson, Chairman and Director of Golden Peaks
Resources Ltd. (TSX Venture: GL), an international exploration and resource
development firm focused on Argentina, "We remain bullish on the yellow metal.
Despite the recent price correction the price of gold (June 26, 2006) is
144.50% higher than it was one year ago. The fundamentals have not changed and
Company's focus and business plan remain unchanged."
As the World Gold Council currently reported declines in supply over last
year's levels, Goldcorp Inc. (TSX: G; NYSE: GG) President and CEO Ian Telfer
has said he also believes that, "World gold supplies are under pressure as
mine production around the world is declining." Looking at the market, Telfer
also says, "It is true, some mid-tier producers will increase production in
the years ahead," but he said he believes the company will continue to focus
on expanding their own production operations first and foremost.
In the midst of declining supplies, mid-tier producers are expected to
boost exploration and eventually add their share to supplies. Alamos Gold Inc.
(TSX: AGI) President and CEO John A. McCluskey offers that over the summer
period he expects there may be, "volatility in the short term, as the
correction continues. Gold is still primarily trading in an inverse
relationship to the USD." In addition to this, he says at present, "While we
are currently in a correction phase, Q1'06 was very positive for gold
producers that were unhedged."
To Read "As Gold Prices Fluctuate, the Driving Factors for Higher Prices
Remain Long Term" In Full Click Here:
http://www.gold-miningstocks.com/articles/062906a.asp

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Golden Peaks Resources Ltd. (TSX Venture: GL) is a progressive
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