SOURCE: Wall Street News Alert

September 30, 2005 08:38 ET

Wall Street News Alert: U.S. Hot Stock Highlights! September 30, 2005

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

WESTON, FL -- (MARKET WIRE) -- September 30, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Paramount Gold Mining Corp. (OTC: PGDP), eBay Incorporated (NASDAQ: EBAY), Google, Inc. (NASDAQ: GOOG) and Amazon.com (NASDAQ: AMZN).

Aggressive investors and day traders may also be watching Paramount Gold Mining Corp. (OTC: PGDP)! The company has issued a press release announcing that they have undertaken the necessary steps to acquire a second advanced-stage, mining property in one of the richest gold/silver districts in the world.

News of the progress could be welcomed by Paramount Gold investors, as the mining property (in the Yoquivo District of Mexico) lies within a 25km. radius from their originally acquired San Miguel property, which was first announced only 20 days ago!

Watch this company! Former Hecla Chief Geologist, and Paramount's current Manager of Exploration in Mexico, Mr. Bill Reed, commented; "San Miguel and Yoquivo now provide Paramount with two excellent exploration targets in one of the most prolific gold/silver belts in the world, the Sierra Madre Occidental in Mexico. I have personally reviewed the data on Yoquivo and encouraged Paramount to proceed with the acquisition. I look forward to commencing an aggressive work program on both properties shortly."

Investors should continue to monitor the progress of Paramount Gold Mining for further developments! Paramount stated that they have signed a Letter of Intent with Sydney Resource Corp. to acquire up to a 75% interest in the 2,854 hectare Yoquivo property located in the Yoquivo District, Chihuahua State, Mexico, subject to a 30 day due diligence period. See the company's press release for full details of the acquisition.

For updated in-depth coverage and a company profile of Paramount Gold Mining, visit http://www.backissuesofnewsalerts.us/PGDP0929.html

The stock closed yesterday at $1.41 a share.

In case you are not familiar with the company: Paramount Gold Mining Corp. is a precious metals exploration and development company. It is management's objective to grow Paramount into a significant gold and precious metals producer by developing the San Miguel and Yoquivo projects in Mexico, and by acquiring other advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world.

Stocks showing interesting activity yesterday at the close of the regular trading day were: eBay Incorporated (NASDAQ: EBAY) up 6% on 28.1 million shares traded, Google, Inc. (NASDAQ: GOOG) up 1.1% on 5.6 million shares traded and Amazon.com (NASDAQ: AMZN) up 3.2% on 6.3 million shares traded.

Commentary:

"The Commerce Department said that the final tally of Gross Domestic Product, GDP, for the second quarter remained at 3.3%, down from 3.8% for the first quarter. The results were in line with expectations from economists," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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