SOURCE: Stock Market Alerts

June 05, 2008 09:20 ET

Market Alerts for Thursday: BCFT! June 5, 2008

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

MIAMI, FL--(Marketwire - June 5, 2008) - Stock Market Alerts' performance stock list includes: Bancroft Uranium Inc. (OTCBB: BCFT), Transocean Inc. (NYSE: RIG), Occidental Petroleum Corporation (NYSE: OXY), Qualcomm Inc. (NASDAQ: QCOM).

There is additional news coming from Bancroft Uranium Inc. (OTCBB: BCFT), and the company should have investors and traders watching the stock this morning. Yesterday the company issued a press release announcing further drilling results from the Spring 2008 surface drill program conducted at the Monmouth Uranium Project, near Bancroft, Ontario.

Good news for the company! 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.

For more information and full analyst reports, go to

Before the news was released, BCFT closed Wednesday at Eighty One cents a share.

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

Other Stocks of interest yesterday were:

Transocean Inc. (NYSE: RIG) down 1.2% on 7.5 million shares traded. Transocean Inc. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.

Occidental Petroleum Corporation (NYSE: OXY) down 2.5% on 10.8 million shares traded. Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions.

Qualcomm Incorporated (NASDAQ: QCOM) up 3.1% on 25.5 million shares traded. Qualcomm Incorporated ( is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies.

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 Twenty Four Thousand Dollars (Eight Thousand Dollars for current services and Sixteen 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.

The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

Contact Information