SOURCE: Wall Street News Alert

June 23, 2005 09:11 ET

Breaking Market News! June 23, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- June 23, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Capital Hill Gold, Inc. (OTC BB: CHGI), Sun Microsystems Inc (NASDAQ: SUNW), Cisco (NASDAQ: CSCO) and Ford Motor Company (NYSE: F).

Once again, Capital Hill Gold, Inc. (OTC BB: CHGI) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that that it has received new assays from the Company's uranium project.

Two additional samples of metasedimentary outcroppings intruded by porphyritic quartz monzanite dikes contained anomalous amounts of uranium as well as measurable silver (0.042 to 0.045 oz/ST). Assay work was performed by American Assay Labs (Elko, Nevada)

Investors should continue to monitor the developments at Capital Hill Gold! According to the company's press release, a claim staking crew and a geologist are en route to the company's uranium property, and will begin work on Friday to complete the staking of an additional 40 unpatented mining claims. In May 2005, agents for the company staked 22 unpatented mining claims and set discovery monuments and location markers for an additional 40 claims (- 800 acres). Severe weather (including heavy snows at higher elevations of the project area) precluded the entire program from being completed as scheduled.

The company also states that the area being staked encompasses a large area of potentially commercial-grade uranium mineralization identified by previous work, including geophysical surveys and reconnaissance sampling. Such identifying works, assays and surveys will encourage a fast track to bringing this property to its next stage of development.

Following completion of the uranium claim-staking program, the staking crew will begin locating claims on a potential major gold deposit situated south of the new uranium property.

The company is elated to discover such un-staked claims that now add to the company's portfolio wealth of properties and holding.

There has been plenty of good news for investors over the past couple of weeks! Last week, the company reported that following receipt of evaluation reports and sampling results, it would immediately be taking steps to acquire a potentially major gold deposit in Nevada. The company stated that a claim staking crew was being mobilized, and they will be staking claims on this first project over the next seven to ten days. The program will involve staking approximately 30 unpatented mining claims.

On Monday, the company reported that following receipt of sampling results, the company has opened negotiations to acquire a second gold deposit in Nevada.

Keep your eyes on Capital Hill Gold!

For updated in-depth coverage and a company profile of Capital Hill, visit

Prior to the news release, the stock closed at Eighty Two cents a share.

In case you are not familiar with the company: Capital Hill Gold's strategic objective is to obtain controlling interests in properties with excellent exploration potential to become economically significant to world-class ore deposits. CHGI intends to acquire mineral exploration properties primarily through the filing of concessions on its own account and in partnership as well as by optioning exceptional properties at reasonable costs relative to the property's potential and the financial capabilities of the company.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems Inc (NASDAQ: SUNW) down 0.5% on 47.3 million shares traded, Cisco (NASDAQ: CSCO) up 0.1% on 38.9 million shares traded and Ford Motor Company (NYSE: F) down 4.3% on 29 million shares traded.


"The Energy Department stated that crude oil stock-piles in the U.S. fell by 1.6 million barrels to 327.4 million for the week ending June 17, and August oil contracts ended at $58.09 per barrel, off of the high of $59.46 on Tuesday," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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