SOURCE: Wall Street News Alert

Wall Street News Alert

May 28, 2008 09:38 ET

Wall Street News Alert: Breaking News Alert - BCFT! May 28, 2008

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

WESTON, FL--(Marketwire - May 28, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Bancroft Uranium Incorporated (OTCBB: BCFT), BHP Billiton (NYSE: BHP), Uranerz Energy Corporation (AMEX: URZ) and Fronteer Development Group Inc. (AMEX: FRG).

Having recently announced that it has begun the 2008 exploration program on its Elliott Lake, Ontario uranium prospect, Bancroft Uranium Inc. (OTCBB: BCFT) should have the attention of investors and traders this morning. Yesterday, the company issued a press release announcing that Francis Gaskins of IPODesktop.com has issued a third party analyst report on the Company.

This news should be welcomed by BCFT investors, as 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. Often quoted, his scope of influence includes editor (IPOdesktop), Talk Radio, Internet TV, and Video Productions, plus numerous articles and opinions published in the nation's financial media.

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, TheStreet.com, CBS MarketWatch. IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others.

IPO Hardball!, the weekly podcast, is hosted by Gaskins at Streetiq.com. Gaskins himself often appears as a guest IPO commentator for CNBC and Bloomberg Television. On the internet, Gaskins is Co-host for the weekly IPO Hardball! Internet radio show, also broadcast from CBS Marketwatch. Mr. Gaskins holds a Harvard University Master of Business Administration (Finance) and from Princeton, a degree in Economics. He has extensive experience in sales, marketing, pre-IPO financial analysis and valuations, fund raising, forecasting and budgeting, strategic modeling, general ledger and preparation of financial statements and market research.

Investors are urged to monitor the progress of the company!

The public is free to review this report at http://www.gaskinsco.com/linkto-bcft.shtml

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

For an in-depth profile of Bancroft Uranium, visit http://www.WallStreetNewsAlert.com/HotStocks/BCFT052708/default.aspx.

BHP Billiton (NYSE: BHP) down 1.6% on 3.8 million shares traded. BHP Billiton is headquartered in Melbourne, Australia, and is the world's largest global diversified natural resources company.

Uranerz Energy Corporation (AMEX: URZ) up 3.9% on 220,000 shares traded. Uranerz Energy Corporation is a pure-play uranium company listed on the American Stock Exchange ("AMEX") and the Toronto Stock Exchange ("TSX") under the symbol "URZ," and has options traded on the Chicago Board Options Exchange and the AMEX. Uranerz is also listed on the Frankfurt Stock Exchange under the symbol "U9E".

Fronteer Development Group Inc. (AMEX: FRG) down 5.6% on 307,000 shares traded. Fronteer is an exploration and development company with a track record of making big discoveries. Fronteer has a 40% interest in three excellent gold and copper-gold projects in western Turkey, an extensive portfolio of advanced stage gold projects in Nevada, and a 42.2% interest in Aurora Energy Resources, a leading Canadian uranium company.

Market Commentary:

"The New York-based Conference Board said Tuesday that its Consumer Confidence Index dropped to 57.2, down from a revised 62.8 in April. Economists surveyed by Thomson Financial/IFR had expected a reading of 60," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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