SOURCE: Wall Street News Alert

Wall Street News Alert

November 06, 2009 08:38 ET

Wall Street News Alert: Ahead of the Bell: Navajo Wind Energy -- November 6, 2009

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

WESTON, FL--(Marketwire - November 6, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (PINKSHEETS: CLBN), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Teck Resources Limited (NYSE: TCK) and Baker Hughes Inc. (NYSE: BHI).

Yesterday after the markets closed, Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) issued a press release announcing that it has taken delivery of 10 of the 53 wind turbines per the manufacturing supply agreement with China Lao Gaixian Wind L.P., represented by PCA Wind Power OA Inc., for its 120.80 MW wind farm project in Liaoning Province, China. Navajo Wind Energy is a renewable energy company focused on creating electricity from the power of wind.

The Agreement includes provisions for supplying the China Lao Gaixian Project with 53 complete wind turbines, as well as testing and commissioning services. The Agreement also provides for operations and maintenance services to be provided to China Lao Gaixian Wind L.P. over a two-year period. This agreement is anticipated to result in approximately US$65 million in revenue over its duration.

The stock closed yesterday at a Penny a share.

For an in-depth profile of Navajo Wind Energy, visit http://wallstreetnewsalert.com/view-company-profiles.php?profile=CLBN_110509.

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Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) up 2.3% on 15.3 million shares traded.

FCX is a leading international mining company with headquarters in Phoenix, Arizona.

Teck Resources Limited (NYSE: TCK) up 4.7% on 8.1 million shares traded.

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy.

Baker Hughes Inc (NYSE: BHI) up 3% on 5.7 million shares traded.

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Market Commentary:

Oil is down as U.S. crude for December lost 78 cents to settle at $79.62. London Brent crude fell 90 cents to settle at $77.99.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN), WSCF has been compensated a total of Thirteen Million shares (Seven Million Shares for current services and Six Million Shares for previous services), by a third party, NorthStar Capital Corporation, who is non-affiliated and may hold a significant position in the stock. WSCF holds Five Million, Nine Hundred Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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