SOURCE: Wall Street News Alert

Wall Street News Alert

August 01, 2007 09:38 ET

Wall Street News Alert: Breaking News Alert - AVRG! August 1, 2007

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

WESTON, FL--(Marketwire - August 1, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Advanced Resources Group (PINKSHEETS: AVRG), Goldcorp Inc. (NYSE: GG), Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC).

The current price of gold is now nearing $665 per ounce, which means investors should have Advanced Resources Group (PINKSHEETS: AVRG) on their radars. Wednesday after the markets closed, the company issued a press release announcing the commencement of its precious and strategic metals assay program to further establish its existing metals value, in addition to its certified gold asset base of $152,950,000 based on current gold price.

This is great news. Further evaluation of the potential for long term precious metals and strategic metals (tungsten, rhenium, rhodium, copper, etc.) production as well as the development of precious and strategic metals derivative programs has compelled management of AVRG to increase its level and scope of metals production beyond just gold.

The Company's efforts in reassessing its currently owned reserves and metals availability are being met and exceeding expectations. They need to re-evaluate their production capacities across the entire spectrum of precious and strategic metal products. According to the press release, with these efforts, Management expects total valuations to be considerably in excess of $152,950,000.

The company anticipates that an updated production schedule, together with pro-forma cash flow projections will be available in the coming weeks.

The press release also states that AVRG is currently in the process of evaluating the construction of additional Company owned and operated processing facilities utilizing the AVRG environmentally sensitive technology in other areas of the country and the world. This will safeguard the Company's cash flow should production in any one area be interrupted by conditions beyond its control.

In addition, AVRG is in discussions involving the potential sublicensing of components of its environmentally sensitive extraction technology to companies in non-competitive markets. The press release states that this will result in additional cash flow to the Company and the acquisition of potential equity interest in other producers of precious and strategic metals. Additional details concerning the above mentioned plans will be released by Management as the arrangements are finalized.

Management, together with its accounting firm, Moore Stephens, P.C., estimates that the required SEC compliance filings should be current and completed by the end of July 2007.

It has also been announced that Beacon Equity Research has initiated coverage of the company with a Speculative Buy Rating and a Price Target of $1.04. In the report it was noted that Gold production has fallen and that the demand for gold is rising, which could lead to a sizable gap in the demand-supply for gold. Advanced Resources Group has developed a state-of-the-art technology for the exploration of gold and other precious metals. The new technology helps in extracting metals in a more efficient manner. The company is currently in the process of exploring various reserves located both in the US and abroad. In a recent report, Merrill Lynch stated that it expects gold to rise to $700 to $725 an ounce by the end of September 2007. To read the entire report, and the risk factors that could impact Advanced Resources' business and future prospects, see the profile link listed below.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Advanced Resources Group! The company stated that while the decision for further evaluation and appraisal of precious and strategic metals production will delay the company's initial small scale production schedule, it will result in large production capacity over the short and long term as well as add the production of a broader scope of products for market. The combined effect of this program will result in greater revenues for AVRG and a higher degree of insulation from price variation in the market place, due to AVRG's increased production capabilities.

Prior to the latest press release, the stock closed Tuesday at Thirty One cents a share.

For an in-depth profile of Advanced Resources Group, visit

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit, where you may also sign up to receive free email alerts in advance of our press releases being issued.

Goldcorp Inc. (NYSE: GG) down 1% on 6.6 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. The Company does not hedge its gold production.

Barrick Gold Corporation (NYSE: ABX) down 1.1% on 5.9 million shares traded. Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.

Kinross Gold Corp. (NYSE: KGC) down 2.3% on 4.1 million shares traded. Kinross, a Canadian-based gold mining company, is the fourth largest primary gold producer in North America and by reserves, the fifth largest in the world.

Market Commentary:

"Good news also came from the Conference Board's consumer numbers, that consumers were more positive about the economy and their own finances in July, the best reading since September of 2001," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. (WSCF has been compensated Seventy Six Thousand shares of Advanced Resources Group (PINKSHEETS: AVRG), by a third party (First Advisory), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF has not sold any of those shares, as of this release, but intends to immediately begin selling its shares as this release is being circulated. WSCF may receive additional shares for extension of its services. Any additional shares will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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