Published: April 12, 2005
Wall Street Futures Sees Golden Opportunity in Mercantile Gold
Wall Street Futures, a leading source of news
and information for small cap investors, announced today that it is
covering Mercantile Gold Company as one of its "stocks to
watch" this week.
MGCP is a mineral exploration and development company that acquires,
discovers and develops
world-class deposits of gold, silver, and other minerals. As appropriate,
the company enters into agreements to sell or joint venture these deposits
to major international mining companies. MGCP relies on a core group of
technical and financial professionals with more than one hundred years
collective international experience in the areas of exploration, project
evaluations, finance and acquisitions.
The company announced this week that it has secured access to the
exploration database generated by Santa Fe Pacific Minerals, Inc. at Star
Hill, Arizona, during the 1980s and 1990s. MGCP acquired the Star Hill
gold and copper deposit, located approximately 80 miles southeast of
Tucson, Arizona, earlier this year following the company's acquisition of a
50 percent interest in the Mexican Hat gold deposit.
MGCP reports findings of substantial reserves of copper, silver and gold at
Star Hill -- deposits that once mined, could result in millions of dollars
in revenue for the company.
Shares of MGCP closed Monday at just under $0.12, down slightly on the day
and currently trading near their 52-week low of $0.07. If you are an
aggressive investor in search of a potential high-reward stock, now could
be the time to consider an investment in MGCP given the company's broad
range of mining projects in development and the potential for substantial
ROI if any of them are successfully completed.
Wall Street Futures is also monitoring these "stocks to watch" in the
mining sector: BHP Billiton Limied , ALCOA, Inc. , and
Placer Dome, Inc. .
******* Important Notice and Disclaimer: Please Read *******
Wall Street Futures is a news service of Wall Street Small Cap Reporter
(WSSCR). WSSCR publishes reports providing information on selected
companies that it believes have investment potential. WSSCR is not a
registered investment advisor or broker-dealer. This report is provided as
an information service only, and the statements and opinions in this report
should not be construed as an offer or solicitation to buy or sell any
security. WSSCR accepts no liability for any loss arising from an
investor's reliance on or use of this report. An investment is considered
to be highly speculative and should not be considered unless a person can
afford a complete loss of investment. WSSCR has been hired as a consultant
and has been paid by a third party for the publication and circulation of
this report. This report contains forward-looking statements, which involve
risks and uncertainties -- including, but not limited to, risks associated
with changes in general economic and business conditions (including in the
IT and financial information industries), actions of competitors, the
extent to which the company is able to develop new services and markets for
its services, the time and expense involved in such development activities,
level of demand and market acceptance of the company's services, and/or
changes in its business strategies -- that may cause actual results to
differ materially from those set forth in the forward-looking statements.
For further details concerning these risks and uncertainties, please
request additional information directly from the company featured above or
obtain the SEC filings of the company including the company's most recent
annual and quarterly reports.
Distributed by Market Wire
Copyright © 2010, MarketWire
Copyright © 2010, NewsBlaze,
Daily News
Tags: ,FinancialServices:InvestmentOpinion, ,NYSE0001,INTHPINK,INTHPINK,NYSE0001,NYSE0001,TX,DALLAS, TX