Mississauga, ON -- (SBWire) -- 02/25/2016 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Gentor Announces Signing of Letter of Intent for Proposed Joint Venture."

Companies mentioned in this article include Gentor Resources Inc. (TSX-Venture:GNT).

Article Excerpt:

After a sharp decline at the start of this year, commodities rebounded sharply last week. Commodities have come under pressure due to a slowdown in China and a stronger U.S. dollar. Commodities are priced in U.S. dollar and therefore a stronger greenback is negative for prices.

Last week, commodities rebounded amid some encouraging data from China. Iron ore prices jumped to above $50 per ton amid strong demand from China, which is the world's biggest consumer of iron ore. Analysts though say that the rebound in iron ore prices is temporary. Fundamentals still remain weak as China continues to transition from an investment and export-oriented economy to a consumer-oriented economy. Importantly, the market remains oversupplied.

The outlook for copper though is different. While copper prices have also come under pressure, the metal's fundamentals are much better than iron ore. Indeed, analysts have been predicting a turnaround in the copper market by as early as 2017. This is good news for Gentor Resources Inc. (TSX-Venture:GNT), a Toronto, Canada-based mineral exploration company with copper exploration properties in Turkey.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/580/gentor-announces-signing-of-letter-of-intent-for-proposed-joint-venture.htm

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