SOURCE: Wall Street Press Wire

Wall Street Press Wire

June 18, 2008 09:38 ET

Stocks to Watch for Wednesday: GYGC, AEM, BVN, GG

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

MIAMI, FL--(Marketwire - June 18, 2008) - Wall Street Press Wire (www.WallStreetPressWire.com) is pleased to highlight its "stocks on the move" for Wednesday. Our list includes: Guyana Gold Corp. (PINKSHEETS: GYGC), Agnico-Eagle Mines Limited (NYSE: AEM), Compania de Minas Buenaventura S.A.A. (NYSE: BVN) and Goldcorp Inc. (NYSE: GG).

Having reported last week it has received a joint venture proposal to develop the Port Kaituma Gold Project, Wall Street Press Wire is initiating its in-depth coverage of Guyana Gold Corp. (PINKSHEETS: GYGC), a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties.

Tuesday after the markets closed, the company issued an important press release announcing an update on the process of the non-brokered private placement, that is subject to market and other conditions, of a $500,000 USD aggregate principal amount of its common stock at $0.50 USD per share for a total of 1,000,000 shares. The company had expected to close the entire funding by mid-June, but now will fund $250,000 USD by the end of June, and the remaining $250,000 USD by mid-July 2008.

As stated earlier, the proceeds of this offering will be used to fund the Company's operations in Guyana, including, but not limited to, the company's drilling and exploration program, purchasing additional mining properties, entering into joint ventures, increasing production and sampling.

The release states that update on the company's current production is 100 ounces of gold per month, and it recently announced the purchase of additional equipment to increase its production to about 250 ounces per month.

There has been a stream of positive news coming from the company. Last week, the company announced it has received a joint venture proposal to develop the Port Kaituma Gold Project. The proposal would expand the company's land position and increase the scale of the Port Kaituma project. The new joint ownership presents an excellent opportunity for Guyana Gold Corp. to increase revenue, expand mine life and accelerate the capital recovery costs of modernizing the Port Kaituma mine.

Wall Street Press Wire's in-depth profile for Guyana Gold Corp. is available at: http://www.wallstreetpresswire.com/page.php?BN_UID=57

The stock closed Tuesday at Forty-Two cents a share.

About the company: Guyana Gold Corp. is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company's objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. In Guyana, the Company's key mineral project is located in the region of Port Kaituma.

Agnico-Eagle Mines Limited (NYSE: AEM) up 1.2% on 1.6 million shares traded. Agnico-Eagle is a long established Canadian gold producer with operations located in Quebec and exploration and development activities in Canada, Finland, Mexico and the United States.

Compania de Minas Buenaventura S.A.A. (NYSE: BVN) up 1.9% on 543,000 shares traded.

Compania de Minas Buenaventura S.A.A. is Peru's largest, publicly-traded precious metals company and a major holder of mining rights in Peru. The Company is engaged in the mining, processing, development and exploration of gold and silver and other metals via wholly-owned mines as well as through its participation in joint exploration projects.

Goldcorp Inc. (NYSE: GG) up 1.7% on 4.5 million shares traded.

Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. Its gold production remains 100% unhedged.

Wall Street Press Wire:

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