SOURCE: Wall Street News Alert

March 02, 2006 08:37 ET

Thursday's Hot Stocks to Watch! 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), Google Inc. (NASDAQ: GOOG), Broadcom Corporation (NASDAQ: BRCM), and Yahoo! Inc. (NASDAQ: YHOO).

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

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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.

Google Inc. (NASDAQ: GOOG) up 0.6% on 12 million shares traded. Google Inc. recently announced that George Reyes, Chief Financial Officer participated in the Merrill Lynch Internet, Advertising, Information, & Education conference. Google's innovative search technologies connect millions of people around the world with information every day.

Broadcom Corp (NASDAQ: BRCM) up 6.9% on 16.8 million shares traded. Broadcom Corp, a wired and wireless communications semiconductors company, announced last month its new CellAirity mobile platform for next generation cellular handsets.

Yahoo! Inc. (NASDAQ: YHOO) up 0.3% on 18.5 million shares traded. Yahoo! Inc. is an Internet brand and one of the most trafficked Internet destinations. Yahoo! seeks to provide online products and services essential to users' lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world.


"Stocks bounced back yesterday and took back some of the ground lost in Tuesday's sharp drop, as reports of a surge in consumer spending and improving health in the manufacturing sector restored investors' confidence in the economy," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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