SOURCE: Wall Street News Alert

March 02, 2006 09:47 ET

Stock Alert: EQBM on the Move! March 2, 2006

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

WESTON, FL -- (MARKET WIRE) -- March 2, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Equitable Mining Corporation (OTC: EQBM), Oracle Corporation (NASDAQ: ORCL), AT&T Inc. (NYSE: T), and JPMorgan Chase & Co (NYSE: JPM).

Another stock that may show some potential as the markets begin trading this morning is Equitable Mining Corporation (OTC: EQBM). Yesterday after the stock markets closed, the company, a growing company focused on finding, acquiring and extracting gold and other mineral reserves worldwide, issued a press release announcing the completion of a memorandum of understanding with D.A.K., a privately owned Chinese resource corporation held by H.M.H. of Hong Kong, to acquire a precious metals mining project in Dalian, China.

This may be the type of news that investors want to hear! According to the company's press release, once the due diligence is completed and agreements are signed Equitable Mining Corp. will own 35% of all operations and mineral rights. The company also states that, significant deposits of gold, platinum, palladium, rhodium and copper have been identified in the mine and mine tailings and monthly revenues of $1.6 million are projected and annual revenues of $19.2 million are projected.

The Dalian acquisition covers the mineral rights to 220,000 square meters of land leased from the government for 25 years and includes 5.2 million tons of mine tailings plus infrastructure in place including roads, electricity, water, fencing, storm sewer, transportation and one production line. To date $7 million has been invested in the project by H.M.H. and D.A.K. Once the acquisition is complete Equitable Mining Corp. plans to increase production to three lines within the first eight months.

Wall Street News Alert is putting aggressive investors on high alert to continue watching Equitable Mining Corporation! "Signing a memorandum of understanding with D.A.K to acquire the Dalian project is a major accomplishment with highly promising prospects for our company," said Wayne Reid, a Director of Equitable Mining Corp. "Commitments for the first transaction phase have been received and we are traveling to the site later this month for further due diligence. We are very excited about this transaction."

In addition to the Dalian project, Equitable Mining Corp. has been acquiring mining properties in North and South America. The company recently announced the purchase of its Bonanza Property in Ontario, Canada's historically prolific Red Lake Gold Camp. More than 25 million ounces of gold have been produced in Red Lake since 1935. Equitable's Bonanza Property consists of 14 claims adjacent to Goldcorp's Red Lake Mine, which produces 550,000+ ounces annually and is one of the richest, most profitable gold mines in the world. Red Lake Mine contains the world-renowned High Grade Zone with 4.4 million ounces of high grade gold reserves.

Equitable Mining recently assembled an international acquisition team to target high-yield mining projects in mineral-rich areas of North America, Latin America and Australasia. With joint-venture partner Atlantis Acquisition 1, the company announced it is close to closing on its first South American precious metals project in Colombia, where striking test results indicate confirmed deposits of a rich gold-copper-silver. The company has also entered into discussions around an additional group of claims in Northern Ontario and other North American locations.

Watch this company for more breaking news!

Prior to yesterday's press release, the stock closed yesterday at Ten cents a share.

To view a detailed, in-depth profile of Equitable Mining Corp, visit http://www.thenewssvc.com/EQBM030106.html

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: Equitable Mining Corporation is a rapidly expanding company focused on acquiring, exploring, developing and extracting mineral rights worldwide. Projects include the Bonanza Property in Canada's high-yield Red Lake Gold Camp, an acquisition in progress in Colombia, a memorandum of understanding for a precious metals mine in China, and ongoing acquisition programs in mineral-rich areas of North America, South America and Australasia. The company is leveraging its deep industry expertise and extensive contacts to recruit mining industry veterans and expand its search for quality gold and other precious metals-bearing properties in the Americas and Australasia.

Oracle Corporation (NASDAQ: ORCL) up 3.1% on 72.4 million shares traded. Oracle Corporation is a large enterprise software company. Oracle Corporation recently announced that its third quarter fiscal year 2006 results will be released on Monday, March 20, after the close of the market.

AT&T Inc. (NYSE: T) up 1.8% on 14 million shares traded. AT&T Inc. is a telecommunications holding company in the United States. AT&T Inc. recently announced that Chairman and CEO Edward E. Whitacre will deliver an opening keynote address at the inaugural TelecomNEXT event on March 21.

JPMorgan Chase & Co (NYSE: JPM) up 1.1% on 10.5 million shares traded. JPMorgan Chase & Co. is a global financial services firm with operations in many countries.

Commentary: "Auto sales seem mixed as Ford Motor Co. on Wednesday said it sold 4% fewer vehicles during February than last year, a decline that comes as rival DaimlerChrysler's sales increased 4% for the month," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at info@wallstreetnewsalert.com

WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.wallstreetnewsalert.com and select the "join now" button.

*** Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.wallstreetnewsalert.com. You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***

Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Fourteen Thousand Dollars for coverage of Equitable Mining Corporation (OTC: EQBM), by a third party (Equity Alliance International LLC), 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. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "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 and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

Contact Information