SOURCE: Stock Market Alerts

May 11, 2007 08:20 ET

Stocks to Watch This Friday Morning: GNLM! May 11, 2007

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

MIAMI, FL--(Marketwire - May 11, 2007) - Stock Market Alerts' performance stock list includes: General Metals Corporation (OTCBB: GNLM), AngloGold Ashanti (NYSE: AU), Meridian Gold Inc. (NYSE: MDG), & DRDGOLD Limited (NASDAQ: DROOY).

There is more news coming out of General Metals Corporation (OTCBB: GNLM). Yesterday the company issued a press release announcing that the company has set a record date of May 22, 2007 for shareholders of record to take part in the proposed 11:10 forward stock split which is anticipated to be approved at the annual and special general meeting scheduled for June 29, 2007, at the company's office in Reno, Nevada. The effective date of the forward split will be shortly after its approval at the annual and special general meeting.

We also reported earlier this week, that Market Advisors Research had issued an Intermediate Term Range of $1.65 on the company's stock. Highlights of the report include:

--  General Metals now holds a predominant exploration position in the
    best mining camp in Nevada with excellent potential for precious, base
    metal and industrial mineral discoveries.
--  GNLM's experienced management team has a successful track record of
    precious metal discovery and mine development.
--  The company's low forecasted cost of production makes it one of the
    most highly leveraged of the junior gold & silver companies.
--  GNLM has every expectation that its silver discovery at Independence
    will be further expanded through the current drilling programs.
Once again, this is the second such report issued this week. Onyx Equity Research just issued a Twelve-Month price target of $2.00 on the company's stock. General Metals Corporation controls 100% of the Independence claims, which are completely surrounded by Newmont Mining's Phoenix Mine and is a 240-acre island with legal access. Newmont enjoys 8.5 million ounces of gold and 660 million pounds of copper in reserves with substantial additional mineralized material, which is target to be upgraded. The Phoenix Mine is the largest operating gold mine in the US.

The research reports can be seen through the link below.

For Stock Market Alert's in-depth and updated profile of General Metals Corporation, visit:

Other Stocks of interest:

AngloGold Ashanti (NYSE: AU) down 3.5% on 1.5 million shares traded. AngloGold Ashanti Limited operates as a gold producer worldwide. It engages in open-pit and underground mining and surface metallurgical operations in Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, South Africa, Tanzania, and the United States.

Meridian Gold Inc. (NYSE: MDG) down 3.2% on 1 million shares traded. Meridian Gold Inc. is a different kind of gold company. The focus is on profitability, and the quality of the ounces produced, not the quantity of ounces produced. The quality of these ounces is measured by the value delivered to all stakeholders during the process; including all shareholders, employees and the communities and environment in which Meridian lives and operates.

DRDGOLD Limited (NASDAQ: DROOY) up 1.2% on 3.1 million shares traded. DRDGOLD is a gold mining and refining company produces more than 500,000 ounces of gold annually, and it has more than 8 million ounces in ore reserves.

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 received compensation for services performed for General Metals Corporation (OTCBB: GNLM). The compensation was forty-Eight thousand dollars in 2007 (forty-four thousand for previous services and four thousand for current services) from third party, Onyx Consulting Group LLC, who is non-affiliated and may hold a significant position in the stock. 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. 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.

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