SOURCE: The Wall Street Small Cap Reporter

April 12, 2005 07:05 ET

Wall Street Futures Sees Golden Opportunity in Mercantile Gold (Pink Sheets: MGCP)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Wall Street Small Cap Reporter.

DALLAS, TX -- (MARKET WIRE) -- April 12, 2005 -- Wall Street Futures, a leading source of news and information for small cap investors, announced today that it is covering Mercantile Gold Company (OTC: MGCP) as one of its "stocks to watch" this week.

MGCP is a mineral exploration and development company that acquires, discovers and develops world-class deposits of gold, silver, and other minerals. As appropriate, the company enters into agreements to sell or joint venture these deposits to major international mining companies. MGCP relies on a core group of technical and financial professionals with more than one hundred years collective international experience in the areas of exploration, project evaluations, finance and acquisitions.

The company announced this week that it has secured access to the exploration database generated by Santa Fe Pacific Minerals, Inc. at Star Hill, Arizona, during the 1980s and 1990s. MGCP acquired the Star Hill gold and copper deposit, located approximately 80 miles southeast of Tucson, Arizona, earlier this year following the company's acquisition of a 50 percent interest in the Mexican Hat gold deposit.

MGCP reports findings of substantial reserves of copper, silver and gold at Star Hill -- deposits that once mined, could result in millions of dollars in revenue for the company.

Shares of MGCP closed Monday at just under $0.12, down slightly on the day and currently trading near their 52-week low of $0.07. If you are an aggressive investor in search of a potential high-reward stock, now could be the time to consider an investment in MGCP given the company's broad range of mining projects in development and the potential for substantial ROI if any of them are successfully completed.

Wall Street Futures is also monitoring these "stocks to watch" in the mining sector: BHP Billiton Limied (NYSE: BHP), ALCOA, Inc. (NYSE: AA), and Placer Dome, Inc. (NYSE: PDG).

******* Important Notice and Disclaimer: Please Read *******

Wall Street Futures is a news service of Wall Street Small Cap Reporter (WSSCR). WSSCR publishes reports providing information on selected companies that it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties -- including, but not limited to, risks associated with changes in general economic and business conditions (including in the IT and financial information industries), actions of competitors, the extent to which the company is able to develop new services and markets for its services, the time and expense involved in such development activities, level of demand and market acceptance of the company's services, and/or changes in its business strategies -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain the SEC filings of the company including the company's most recent annual and quarterly reports.

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