SOURCE: Stock Market Alerts

June 11, 2008 08:40 ET

Aggressive Stock Alert: BCFT! June 11, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - June 11, 2008) - Stock Market Alerts' performance stock list includes: Bancroft Uranium Inc. (OTCBB: BCFT), Applied Materials, Inc. (NASDAQ: AMAT), Chesapeake Energy Corporation (NYSE: CHK), Korn/Ferry International (NYSE: KFY).

Bancroft Uranium Inc. (OTCBB: BCFT) should have investors and traders watching the stock this morning. Recently, the company issued a press release announcing that the company is in the process of reviewing potential acquisition opportunities in Southern Africa.

Great news from the company! Bancroft President Paul Leslie Hammond and the Company engineering team have just returned from a three week property evaluation trip to Africa, during which, Bancroft representatives were reviewing the potential for participation in a uranium development project in Namibia. In addition, the Company also reviewed the possibility of entering into other commodity projects in South Africa and Zimbabwe. These commodity projects are related to gold, platinum, manganese and coal.

Mr. Hammond stated that he was "extremely pleased with the quality and quantity of the opportunities presented to the Company in Southern Africa. The overall potential to acquire a large project at a reasonable cost is excellent. The uranium prospects in Namibia are exceptional and Namibia is forecast to be the world's leading exporter of uranium by 2015."

Last week the company reported further drilling results from the Spring 2008 surface drill program conducted at the Monmouth Uranium Project, near Bancroft Ontario. The 2008 Exploration Phase 1 drill program commenced on February 25th and was designed to focus on areas in and around the historical drill results from the 1969 program bringing it into modern N.I. Policy 43-101 compliance, a recognized world mining standard. According to the press release, the drilling is also designed to extend the known strike length of the skarn which hosts the uranium mineralization with the aim of expanding the current estimated 1,800,000 lbs U3O8 potential at Monmouth.

To-date, Company engineers have verified the location, thickness and flat lying geometry of the uranium-bearing skarn system intersected in the historical drilling. U3O8 assays have been returned from both urananite-bearing bright orange-colored calcite alteration in the skarn and from several pegmatite bodies in and adjacent to the skarn package. Initial assay results from the skarn rocks appear to validate the historical data. The geological modeling of the deposit is now coming into focus with the alteration zone rock package dipping at a fairly consistent 25-30 degrees, amenable to a potential open pit scenario.

All of Bancroft Uranium's exploration programs are designed and supervised by Qualified Persons ("QP") under the N.I. Policy 43-101, who ensure that programs are carried out using current industry "Best Practices." The spring 2008 drilling program was supervised by Murray McGill P.Geo (QP). The NQ size core was logged by Mr. McGill and split on-site. Half core samples were analyzed using standard Delayed Neutron Counting (DNC) methods by Activation Laboratories in Ancaster, Ontario. Activation Laboratories employs rigorous in-house QA/QC procedures in the DNC process.

Bancroft will release a third series of drill results shortly.

Before the news was released, BCFT closed Tuesday at Seventy Five cents a share.

For Stock Market Alerts' in-depth profile of Bancroft Uranium, visit

Other Stocks of interest yesterday were:

Applied Materials, Inc. (NASDAQ: AMAT) up 0.2% on 29.1 million shares traded Applied Materials, Inc. is the global leader in Nanomanufacturing Technology(tm) solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass.

Chesapeake Energy Corporation (NYSE: CHK) down 2% on 15.4 million shares traded. Chesapeake Energy Corporation is the third-largest producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Fort Worth Barnett Shale, Fayetteville Shale, Haynesville Shale, Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the United States.

Korn/Ferry International (NYSE: KFY) down 0.2% on 498,000 shares traded. Korn/Ferry International, with more than 80 offices in 39 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company". The company has not received any compensation for services performed for Bancroft Uranium Inc. (OTCBB: BCFT). However, the company maintains a contractual working relationship with Wall Street Capital Funding, which has been compensated Thirty Two Thousand Dollars (Eight Thousand Dollars for current services and Twenty Four Thousand Dollars for previous services) for services performed for Bancroft Uranium Inc. (OTCBB: BCFT), by third party, Equity Alliance, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. Because compensation was received for services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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