Beacon Equity Issues Technical Trading Overview for Golden Star Resources

DALLAS, Sept. 29, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring mining company Golden Star Resources (AMEX:GSS). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Golden Star Resources (AMEX:GSS) should be of particular interest to other mining companies: Barrick Gold Corp. (NYSE:ABX), Freeport-McMoRan Inc. (NYSE:FCX), Goldcorp Inc. (NYSE:GG) and Newmont Mining Corp. (NYSE:NEM).

It is available at: http://www.beaconequity.com/i/GSS

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Golden Star Resources (GSS) engages in the production and development of gold in the Ashanti Gold Belt in Ghana, West Africa. The Company is a mid-tier miner, producing 246,278 ounces of gold in 2007; 295,926 ounces in 2008; and anticipates producing more than 400,000 ounces of gold in 2009. The Company has grown production at its Bogoso/Prestea and Wassa projects, and intends to expand operations in the countries of Suriname, French Guiana, Burkina Faso, Brazil, Cote d'Ivoire, Niger and Sierra Leone.

Message Board Search for GSS: http://www.boardcentral.com/boards/GSS

In the report, the analyst notes:

"GSS owns and operates gold mining operations within jurisdictions with reputations of less-restrictive mining laws. Jurisdictional climate contributes highly to professional investors' interest in any gold miner. ... GSS operates in jurisdictions that are historically miner-friendly.

"Gold analysts expect the gold price to remain above $700 per ounce for the remainder of the year, with some high-profile analysts expecting a breakout of the $1,000 level by year-end. The Company offers leverage to the gold price; as the price of gold rises, well-run and profitable mines typically rise at a faster rate than the underlying commodity."

To read the entire report visit: http://www.beaconequity.com/i/GSS

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BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

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