SOURCE: Wall Street News Alert

December 01, 2005 09:48 ET

Wall Street News Alert: Hot Stock Alert Issued on SGZI! December 1, 2005

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

WESTON, FL -- (MARKET WIRE) -- December 1, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Songzai International Holding Group Incorporated (OTC BB: SGZI), Select Sector SPDR-Energy (AMEX: XLE), Newmont Mining Corporation (NYSE: NEM) and Arch Coal, Inc. (NYSE: ACI).

Songzai International Holding Group, Inc. (OTC BB: SGZI) could still be a target of aggressive investors and day traders! Recently the company, which develops coal mining opportunities in China for the industrial and home-use markets, issued a press release announcing that it has surpassed the 100,000 tonne mark in coal production for 2005, as the company's net income in the 3rd quarter has tripled the combined net income of first two quarters.

The news of the large increase in net income may get the attention of investors, as the company, per its latest quarterly report, announced that it's net income for Q3 was $359,874-more than tripling the combined net income of the first two quarters of 2005. The net income of Q1 and Q2 was $115,831.

Continue to watch this company! Hong Jun Li, CEO of Songzai, stated, "We are extremely pleased with the numbers we produced during the third quarter of 2005. Production at the mine has increased, and with the price of coal rising, we are confident about our abilities to continue the upward trend in both production and income. Topping the 100,000 tonne mark in coal production is a milestone for our company, and we look forward to getting close to production capacity from the mine with five weeks remaining in the calendar year."

Investors should continue to monitor the progress of Songzai International!

The stock closed yesterday at Thirty-Five cents a share.

For an in-depth profile of Songzai International, visit

In case you are not familiar with the company: Based in Harbin, China and Walnut, California, Songzai focuses on the development of coal mining projects in Northern China. The company is currently producing coal from its TongGong Coal Mine located near Heihe City in Northeastern China. The mine's coal, with estimated reserves totaling more than 4 million tonnes, is being sold to end-buyers within the power plant, cement factory, and home-use markets. China is the world's largest producer and largest consumer of coal. The company's website is

Stocks showing interesting activity yesterday at the close of the regular trading day were: Select Sector SPDR-Energy (AMEX: XLE) up 0.3% on 17.7 million shares traded, Newmont Mining Corporation (NYSE: NEM) down 2.5% on 5.6 million shares traded and Arch Coal, Inc. (NYSE: ACI) up 2.3% on 3.1 million shares traded.


"The Commerce Department said that the GDP, Gross Domestic Product, was revised for the third quarter to 4.3% up from 3.8%, economists were looking for 4%; bad news for inflation good for the economy," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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