SOURCE: Wall Street News Alert

Wall Street News Alert

May 22, 2007 09:36 ET

Wall Street News Alert: Breaking News Alert - HMSO! May 22, 2007

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

WESTON, FL--(Marketwire - May 22, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Hemis Corporation (OTCBB: HMSO), Stillwater Mining Company (NYSE: SWC), AngloGold Ashanti (NYSE: AU) and Goldcorp Incorporated (NYSE: GG).

Hemis Corporation (OTCBB: HMSO) has just released news that investors will appreciate. Monday after the markets closed, the company, an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska, issued a press release announcing the start of drilling at its El Tigre project in eastern Sonora, Mexico.

This should be good news. Cabo Drilling Corporation of Vancouver has been awarded a contract for 3,500 meters of diamond drilling at El Tigre. The drilling is being conducted by its Mexican subsidiary, Cabo Drilling de Mexico S.A. de C.V.

Surface exploration at El Tigre has discovered multiple zones of gold-bearing breccias. Dr. Douglas Oliver, Chief Geologist for Hemis states, "The intent of the drilling is to understand the three-dimensional geometry of these breccia zones. Naturally, we also want to know if the potentially ore-grade mineralization at the surface continues at depth."

Wall Street News Alert first initiated coverage of the company on March 29th, when it announced that it has signed an Earn-In agreement with Goldcorp Inc. through its Mexican subsidiary Glamis Exploration S.A. de C.V ("Goldcorp") and Corex Gold Corp. Goldcorp is the world's second largest gold company.

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Hemis Corp! The initial phase of drilling will consist of 8 core holes averaging 200 meters in depth. The drilling will test three of the five gold-bearing breccia zones identified to date. The drill will then move to a secondary target in the project area before drilling an additional five follow-up holes. The location of the follow-up holes will be determined by the results from the first-round of drilling as well as ongoing surface exploration.

The El Tigre Monument / Lower El Tigre target areas were selected for the initial drill holes. Drill pads have also been prepared in the Main Pit and Eastern High Ridge breccia zones. To date the drilling is going well although some soft ground conditions have raised concerns about fluid returns and core recovery.

Because of the remote location, an exploration camp has been constructed at the site. Local contractors are performing all of the support functions including trucking water to the drill. Analyses of the core samples will be performed at the ALS ChemEx lab in Hermosillo, Mexico.

Prior to the press release, the stock closed Monday at $1.04 a share.

For Wall Street News Alert's in-depth and updated profile of Hemis Corporation, visit

In case you are not familiar with the company: Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. The company is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.

Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records.

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.

Stillwater Mining Company (NYSE: SWC) up 7.6% on 2.2 million shares traded.

Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia.

AngloGold Ashanti (NYSE: AU) up 1% on 796,000 shares traded.

AngloGold Ashanti Limited operates as a gold producer worldwide. It engages in open-pit and underground mining and surface metallurgical operations in Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, South Africa, Tanzania, and the United States.

Goldcorp Inc. (NYSE: GG) up 0.7% on 8 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.

Market Commentary:

"Last week the consumer numbers suggested that core inflation rose only a modest 0.2% in April. Experts say this shows that the U.S. economy is growing at an easy and anti-inflationary rate. Gasoline this weekend reached the highest ever, $3.12 for unleaded," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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