SOURCE: Wall Street News Alert

Wall Street News Alert

June 03, 2008 09:33 ET

Wall Street News Alert: BCFT Is Tuesday's Stock to Watch! June 3, 2008

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

WESTON, FL--(Marketwire - June 3, 2008) - Wall Street News Alerts' "stocks to watch" this morning are: Bancroft Uranium Inc. (OTCBB: BCFT), MasterCard Incorporated (NYSE: MA), Valero Energy Corporation (NYSE: VLO) and International Business Machines Corporation (NYSE: IBM).

Bancroft Uranium Inc. (OTCBB: BCFT) should have the attention of investors and traders this morning. Yesterday the company issued a press release advising the public as to the Company's strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.

Going forward, in the event of a production decision, Bancroft would be subject to and would need to comply with substantive environmental regulations. In Canada, the Canadian Nuclear Safety Commission is the national regulatory body as well as other stringent Federal and Provincial regulations such as those that come under the Canadian Environmental Protection Act, The Fisheries Act, The Environmental Management and Protection Act, The Clean Air Regulations and The Mineral Industry Environmental Protection Regulations, just to mention a few.

Additionally, in direct response to past practices, mining law now requires mine operators to reclaim land disturbed by mining. Bancroft will be required to incorporate reclamation and decommissioning plans as part of the Environmental Impact Study that will form part of Bancroft's application for a mining license. The Company will also be required to post a bond to guarantee reclamation of all public and private lands.

With respect to safety of its workers, Bancroft requires all employees at the Monmouth project site to wear dosimeters which are regularly monitored. Routine monitoring of air, dust and surface conditions will also be instituted. If the Monmouth Project goes into production it will be utilizing a gravity separation milling process which utilizes a closed water system which would be recycled, reused and thoroughly cleaned. Metallurgy has shown that 91.4% of the U3O8 can be removed by a first pass, simple gravity circuit. No hazardous chemicals are envisioned to be used in this process.

The Company also intends to apply for I.S.O. certification in accordance with the I.S.O. 14001 standard for environmental management systems. In short, Bancroft is convinced that it can conduct mining operations in a completely safe and sustainable manner on an ongoing basis that will meet standard environmental protection practices.

Last week the company also announced the first drilling results from the Spring 2008 surface drill program being conducted at the Monmouth Uranium Project, near Bancroft, Ontario. Noteworthy assay results from the first 13 holes are outlined on the May 29th 2008 press release issued by the company.

Finally, the company also reported last week that Francis Gaskins of has issued a third party analyst report on the Company. The press release states that based on the report's growth assumptions, Francis Gaskins believes the market capitalization could approach $90 to $92 million, or $2.00 per share. Francis Gaskins, a seasoned financial analyst, is noted as the Internet's most experienced, analytical web cast producer and interviewer. As the IPO Desktop editor, Gaskins is one of the leading providers of independent IPO research for professional money managers and individual investors. The press release states that as one of 'Forbes Best IPO Sites,' he is widely quoted by the IPO media including the Wall Street Journal, Dow Jones Business News, Dow Jones Newswires, Reuters, USA Today,, CBS MarketWatch. IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others.

Investors are urged to monitor the progress of the company!

The public is free to review this report at

Prior to the latest press release, the stock closed Monday at Ninety cents a share.

For an in-depth profile of Bancroft Uranium, visit

MasterCard Incorporated (NYSE: MA) up 3.6% on 5 million shares traded. MasterCard Incorporated advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion payments each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants.

Valero Energy Corporation (NYSE: VLO) up 4% on 15 million shares traded. Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and 2007 annual revenues of $95 billion. The company owns and operates 17 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.1 million barrels per day, making it the largest refiner in North America.

International Business Machines Corporation (NYSE: IBM) down 1.6% on 7.5 million shares traded. IBM helped pioneer information technology over the years, and it stands today at the forefront of a worldwide industry that is revolutionizing the way in which enterprises, organizations and people operate and thrive.

Market Commentary:

"The national average price of a gallon of regular gas was unchanged at $3.975, according to a survey of stations by AAA and the Oil Price Information Service," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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