BVN: BVN

A continuing bull market for gold has meant big gains for gold mining stocks, though the relationship between mining companies and the metal itself can vary on company-specific factors Investors have certainly benefitted from gold's rise through ownership of gold-mining stocks. But issues like rising costs, production levels and reserve holdings caused some variation in these gains, but I believe BVN will see still benefit from the rising price of gold, and the falling US dollar since North American's are amongst there biggest consumer. The price of gold climbed 17 percent since an Aug. 16 dip, amid an ongoing bull market that began in 2001. Some analysts expect that price -- which is now about $760 an ounce, a 27-year high -- will rise to $800 next year, I think it can see $900 to $1,000 because of the weak dollar that continues too deflate, so if there a rate cut gold stocks should benefit. BVN is a stock that has a good profit/ risk ratio and I reason that they can see $17 in 3 to 6 months. Compania de Minas Buenaventura S.A.A. engages in the exploration, mining, and processing of gold, silver, and various metals in Peru and internationally. It primarily produces refined gold, and various metal concentrates, including silver-lead concentrate, silver-gold concentrate, zinc concentrate, and lead-gold-copper concentrate. The company operates six mines comprising Julcani, Recuperada, Uchucchacua, Orcopampa, Antapite, and Ishihuinca; and holds controlling interests in two mining companies, which operate the Shila-Paula and Colquijirca mines. Compania de Minas Buenaventura also owns an electric power transmission company; an engineering services consulting company; and interests in various mining companies. It sells its metal concentrates to smelters, traders, and banks principally in Peru, Europe, North America, Asia, Oceania, and South America