SOURCE: Stock Market Alerts

May 04, 2006 09:37 ET

Primetime Stocks to Watch! May 4, 2006

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

MIAMI, FL -- (MARKET WIRE) -- May 4, 2006 -- Stock Market Alert's performance stock list includes: Metro Gold Mines Mineral Resources Inc. (OTC: MGMX), Kinross Gold Corporation (NYSE: KGC), Glamis Gold Ltd. (NYSE: GLG), Bema Gold Corporation (AMEX: BGO).

Metro Gold Mines Mineral Resources Inc. (OTC: MGMX) issued a press release that could have investor's attention this Thursday morning. Recently, the company announced that it has completed the acquisition of La Esperanza gold mine. La Esperanza is located in Segovia, the richest, most gold-bearing municipality in Colombia.

"MGM Mineral Resources has been working to acquire La Esperanza since its inception and it is extremely gratifying to see this exceptional property become part of our portfolio," said Ken Lamb, President of MGM Mineral Resources. "The Company is very excited about La Esperanza's prospects and would like to thank Mr. Jairo Giraldo, our CEO, for orchestrating this acquisition. Mr. Giraldo is a highly respected figure in the Colombian mining community with more than 40 years of proven experience in the industry. Due in large part to his hard work, close relationships with government and industry officials and excellent reputation we are able to embrace this opportunity."

The press release states that there are proven multi-million ounce deposits of rich gold under Colombian soil. Colombia is the highest-yielding nation in South America, having produced more than 125 million ounces of gold. But it is also the most under-explored and under-developed. With the notable exception of neighboring Frontino Gold Mines LTD -- which has produced over 5 million ounces of gold in the Segovia area -- the majority of local miners have not had the resources or technology to sustain maximum production.

The press release also states MGM Mineral Resources is working to modernize operations and maximize profitability of La Esperanza mine, which is located within the province of Antioquia where between 60 and 80 percent of the nation's gold is produced. Through partnerships with local and federal government authorities and the surrounding communities, the company is ramping up the mine to achieve full production capacity. MGM Mineral Resources believes it can significantly accelerate the extraction process, increase overall productivity and lower production costs.

Metro Gold Mines Mineral Resources Inc. is a growing, expertly managed gold mining company focused on acquiring and producing an impressive portfolio of exploration and production properties in South and Central America. MGM Mineral Resources is working to establish itself as a world-class gold company, capitalizing on smart acquisitions, leading edge technology, modernized operations, deep industry expertise and a strong gold market to cost-effectively produce high quality gold. The company has identified a significant opportunity to exploit proven but under-developed mineral resources in Colombia and is in the later stages of negotiations with several high grade gold and silver properties.

Other Stocks of interest yesterday were:

Kinross Gold Corporation (NYSE: KGC) down 1.8% on 2.4 million shares traded.

Kinross is a world-class gold company based in Canada.

Glamis Gold Ltd. (NYSE: GLG) down 1.8% on 2.9 million shares traded.

Glamis Gold Ltd. is a premier intermediate gold producer.

Bema Gold Corporation (AMEX: BGO) down 1% on 5.1 million shares traded.

Bema Gold Corporation is a gold exploration company.

The release is provided by 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 Metro Gold Mines Mineral Resources Inc. (OTC: MGMX). The compensation is five thousand dollars from third party, Equity Alliance International LLC. 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.

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.

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