WESTON, Fla., Nov. 23, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Bullion River Gold Corp. (OTCBB:BLRV), Limited Brands, Inc. (NYSE:LTD), E.I. DuPont de Nemours (NYSE:DD) and eBay Inc. (Nasdaq:EBAY).
Aggressive investors and traders will want to watch Bullion River Gold Corp. (OTCBB:BLRV) this morning! Yesterday after the markets closed, the company issued a press release announcing that it is very pleased with the results of its first drill program at its Antone Canyon project near the Round Mountain gold mine in Nevada. (Please refer to yesterday's press release for the technical details.)
With gold prices recently hitting a 16-year high, this could be more good news for investors! Peter M. Kuhn, President of Bullion River Gold Corp. comments: "We are very pleased with the results for two reasons. First, our trenches indicated the presence of significant widths to the high-grade gold, while the previous drilling indicated only narrow, high-grade gold. Second, we needed to extend the strike length of the system. Through this drilling program, our goals were accomplished. The results show the widening of the mineralization in the southwest zone while maintaining a high grade of gold. Our focus will be on the analysis of these excellent results, better understanding of this complex, but very promising system and designing the next drill program."
Investors will want to watch this one! It was just last week we reported that the company issued a press release announcing that it has completed geophysics at its Wenban Spring property in Nevada and will accelerate its drill program.
The stock closed yesterday at ninety-three cents a share.
In case you are not familiar with the company: Bullion River Gold Corp. is a mineral exploration company focusing on regions containing gold-silver deposits. The company's primary focus is the Great Basin in the Western United States and the Motherlode belt of California. Bullion River seeks projects that contain or have potential to contain high grades and large tonnage potential. Bullion River will also focus on projects that contain potential for mineralization concealed under post-mineral cover.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Limited Brands, Inc. (NYSE:LTD) up 1.4% on 8.1 million shares traded, E.I. DuPont de Nemours (NYSE:DD) up 0.7% on 5.2 million shares traded and eBay Inc. (Nasdaq:EBAY) up 1% on 8 million shares traded.
Commentary:
"AAA claims that travel over the Thanksgiving Holiday will reach pre-9/11 levels for the first time. They estimate than 37.2 million travelers will go beyond 50 miles for the holiday with an estimated 30.6 million expected to hit the highway," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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