SOURCE: Stock Market Alerts

May 29, 2008 09:10 ET

Hot Stock to Watch for Thursday: TORO! May 29, 2008

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

MIAMI, FL--(Marketwire - May 29, 2008) - Stock Market Alerts' performance stock list includes: Toro Ventures, Inc. (OTCBB: TORO), Apache Corp. (NYSE: APA), Peabody Energy (NYSE: BTU), SunPower Corporation (NASDAQ: SPWR).

There is more important news coming from Toro Ventures, Inc. (OTCBB: TORO), and the company should have investors monitoring the stock this morning. Yesterday after the markets closed, the company issued a press release announcing that it has been informed by Nitro Petroleum, Inc., the operator of the Crown Lease and the Quinlan #3 Lease, that Jerry Scott Drilling has commenced drilling of the Quinlan #3 Oil and Gas Lease.

This news should be welcomed by investors, as the press release states: "As of Wednesday, drilling is right on schedule and we have passed through 4000 ft. We estimate that it will only take an additional 3 days to complete the drilling of the Quinlan #3." Toro is providing new up to date photos of the producing Crown Oil and Gas Lease and photos of the drilling on the Quinlan #3 Lease. Please visit www.toroventuresinc.com and go to the investor relations section for photos. Toro has spent $250,000 USD on the Crown Lease and is in production.

The Quinlan Lease is located in the Hunton Limestone formation and this is considered to be one of the best producing formations in Oklahoma. The region has produced in excess of 5.8 million barrels of Oil to date, with value of over $626 Million USD.

Nitro Petroleum, Inc., operator of the Crown Leases, has stated they are "extremely excited to be working with Toro. We are very eager to complete this larger project with Toro, the drilling of the Quinlan #3 well. The Quinlan Leases have a potential for offsets in a proven developed field. Initial production numbers from the Quinlan #1 were 334 barrels of oil a day and the #2 initial production was 298 barrels of oil per day so we are all excited to be moving onto this very productive lease."

Frederick Graham, President and CEO of Toro, stated that, "Toro has invested over $500,000 this year towards becoming a producing oil and gas company. The timeframe with which Toro has been able to go from an exploration-based company to now a producing company demonstrates the Company's ability to meet project milestones."

Toro will also be continuing to give more details on the Crown Lease as soon as possible. The Crown #1 well had not been perforated in the Hunton Lime Zone. Nitro Petroleum, Inc. elected to perforate the top 5 feet of the Hunton Zone. Nitro was successful in the perforation and expects this to increase production on the Crown #1. The Hunton Lime Zone and the First Wilcox formations have produced over 5.8 million barrels of oil.

Prior to the latest press release, the stock closed Wednesday at $1.98 a share.

For Stock Market Alerts' in-depth profile of Toro Ventures, visit http://www.wallstreetenews.com/HotStocks/TORO052808/default.aspx.

Other Stocks of interest yesterday were:

Apache Corporation (NYSE: APA) up 2.3% on 4.7 million shares traded. Apache Corporation discovers and produces oil and gas in the United States, Canada, the United Kingdom sector of the North Sea, Egypt, Australia and Argentina.

Peabody Energy (NYSE: BTU) up 3.7% on 6.4 million shares traded. Peabody Energy is the world's largest private-sector coal company, with 2007 sales of 238 million tons and $4.6 billion in revenues. Its coal products fuel approximately 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity.

SunPower Corporation (NASDAQ: SPWR) up 1.1% on 2.8 million shares traded. SunPower Corporation designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers.

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 received compensation for services performed for Toro Ventures, Inc. (OTCBB: TORO). Currently, the compensation is twenty thousand dollars (ten thousand dollars for current services and ten thousand dollars for previous services) from third party, Sugarlump Holdings LLC., who is non-affiliated and may hold a significant position in the stock. Because the company received compensation for its 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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