SOURCE: Wall Street News Alert

Wall Street News Alert

June 04, 2007 09:38 ET

Wall Street News Alert: DHNA Is Monday's Stock to Watch! June 4, 2007

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

WESTON, FL--(Marketwire - June 4, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Dhanoa Minerals Ltd. (OTCBB: DHNA), Goldcorp Inc. (NYSE: GG), Yamana Gold Inc. (AMEX: AUY) and Golden Star Resources Ltd. (AMEX: GSS).

Dhanoa Minerals Ltd. (OTCBB: DHNA) is another new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. Friday after the markets closed, the company, a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties, issued a press release announcing its plan to acquire more properties using revenues generated from its three mines in the Bella Rica region of southern Ecuador.

According to the press release, this aggressive growth strategy has increased Dhanoa Minerals' gross revenue goals to 300,000 ounces of gold production by the third year.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Dhanoa Minerals! The press release also states that in the first year, production is projected to 100,000 ounces of gold, which, assuming gold is $670 per ounce, translates into initial revenues of $67 million. With the cost of production at $280 per ounce, this translates into impressive gross profits of $390 per ounce, or $39 million annually.

Dhanoa Minerals management previously expressed their goal to generate gross revenues of no less than $170 million each year after year two of production, based on a recently completed resource extraction estimate for its three mines in the Bella Rica region of southern Ecuador.

By the third year, Dhanoa Minerals plans for its current and future properties will produce 300,000 ounces of gold per year, resulting in revenues and gross revenues of $201 million and remains confident that the price of gold is predicted to increase; therefore Dhanoa's revenues could be correspondingly higher.

Continue to watch this company. "We have targeted and embarked on an aggressive acquisition plan to acquire promising properties throughout South America," stated Mr. Lee Balak, president of Dhanoa Minerals, Ltd. The company plans to finance this strategy by using revenues generated from its Bonanza, Guanache, and Mollopongo mines. Revenues from these properties should be more than sufficient for our expansion goals to be met."

In addition, Mr Balak stated that the issuance of a 3% dividend for all shareholders of record at the end of the current quarter, ending June 30th, 2007, will be considered at the upcoming Board of Directors Meeting scheduled for June 15th.

Prior to the latest press release, the stock closed Friday at $1.25 a share.

In case you are not familiar with the company: 'Dhanoa' is a production stage company formed for the purpose of acquiring, exploring, and developing natural resource properties. Activities during the production and exploration stage include further development of the Company's business plan and raising capital. The Company has recently initiated a new program to evaluate undervalued assets for potential addition to its mineral claim portfolio.

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) up 1.9% on 10.1 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.

Yamana Gold Inc. (AMEX: AUY) up 4.2% on 8.2 million shares traded.

Yamana is a Canadian gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina and Central America.

Golden Star Resources Ltd. (AMEX: GSS) up 2.5% on 4.7 million shares traded.

Golden Star holds a 90% equity interest in the Bogoso/Prestea and Wassa open-pit gold mines in Ghana. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine and various other property interests in Ghana, as well as gold exploration interests elsewhere in West Africa and in the Guiana Shield of South America.

Market Commentary:

"Commodities prices closed mostly higher Friday as investors digested from a mix of data that raised optimism that while the U.S. economy is chugging along, inflation remains tame. August gold added $10.20 to settle at $676.90 an ounce on the Nymex," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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