SOURCE: Wall Street News Alert

July 31, 2006 09:43 ET

Stock on the Move: PCFG Purchases 2nd Black Rock Canyon Building; Issues Production Update! July 31, 2006

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

WESTON, FL -- (MARKET WIRE) -- July 31, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Pacific Gold Corp. (OTCBB: PCFG), Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Occidental Petroleum Corporation (NYSE: OXY) and Pixelplus Co., Ltd. (NASDAQ: PXPL).

Pacific Gold Corp. (OTCBB: PCFG) may be a target of aggressive investors and day traders this morning! Friday after the stock markets closed, the company issued a press release announcing that it has purchased a second building for the Black Rock Canyon Mine.

The news should get the attention of investors! The Company is hoping to have Building #2 built and ready for use in the fall. The Building, which will be approximately 1,600 sq ft, will be specifically designated and designed as a mechanic workstation for repairs and maintenance. The building should be suitable for servicing the Komatsu 785-3 trucks which were recently purchased by the Company for use at the Black Rock Canyon Mine.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Pacific Gold! According to the press release, the Company previously announced the Black Rock Canyon mine has begun production. The mine is currently operating at approximately 35% of production goals and production levels are expected to increase as the new Komatsu trucks arrive.

The Company would also like to announce the hiring of Mr. Charles Geary as the new Vice-President of Operations, Nevada Rae Gold. Mr. Geary has over 30 years of experience running and managing open pit mines. Mr. Geary has extensive knowledge and experience working within Nevada and will now be in charge of the daily operations at the Black Rock Canyon Mine.

Prior to the latest press release, the stock closed Friday at Thirty Two cents a share.

For an in-depth profile of Pacific Gold, visit http://www.thenewssvc.com/PCFG073006.html

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In case you are not familiar with the company: Pacific Gold's business plan provides for the acquisition and development of production-ready and in-production mining operations. The Company is currently focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns four operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) up 2.8% on 2.6 million shares traded. FCX explores for, develops mines and processes ore containing copper, gold and silver in Indonesia, and smelts and refines copper concentrates in Spain and Indonesia.

Occidental Petroleum Corporation (NYSE: OXY) down 0.07% on 2.3 million shares traded. Occidental Petroleum Corporation is one of the leading energy companies.

Pixelplus Co., Ltd. (NASDAQ: PXPL) up 33.3% on 2.2 million shares traded.

Pixelplus is a South Korea-based developer of high-performance, high-resolution and cost-effective CMOS image sensors for use primarily in mobile camera phones.

Commentary:

"This Friday, the Labor Department reports data on monthly job growth, widely considered to be a primary indicator of the economy's health. Economists predict U.S. employers added 135,000 in July, up from 121,000 the month before," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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