WESTON, Fla., Oct. 5, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: Bullion River Gold Corp. (OTCBB:BLRV), Nuclear Solutions Inc. (OTCBB:NSOL), Aastrom Biosciences, Inc. (Nasdaq:ASTM) and MSC.Software Corp. (NYSE:MNS).
Aggressive investors and traders will want to watch Bullion River Gold Corp. (OTCBB:BLRV) again this morning! Yesterday after the markets closed, the company issued a press release announcing that it will conduct its first geophysical test program within days at its 100 % owned Wenban Spring property near Cortez Hills.
This could be more good news for investors! Wenban Spring is directly adjacent to the south of Placer Dome's and Rio Tinto's Cortez Joint Venture land holdings. Bullion River's property, which is about seven square miles in size, covers the intersection of two major fault systems and is only six miles away of the Cortez Hills discovery. The geophysical investigation will assist Bullion River in its geological interpretation and identification of drill targets.
Furthermore, Bullion River also announced the appointment of Mr. Paul C. Spor to the position of Project Manager of the company's North Fork development project in California. According to the press release, Mr. Spor has over 30 years of experience in active mining operations and mine development projects in the western U.S. He will be responsible for implementing the company's underground rehabilitation and exploration program at the North Fork Project.
Mr. Peter M. Kuhn, President of Bullion River Gold states: "We are excited to have Paul on our team and eager to advance the underground rehabilitation and exploration program at North Fork. Paul's appointment will ensure that the project advances smoothly."
Investors will want to watch this one! It was just last week that we reported that the company issued a press release announcing the on-site start of its underground exploration program at the North Fork mine near Alleghany, CA.
The stock closed yesterday at Eighty 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: Nuclear Solutions Inc. (OTCBB:NSOL) up 55.3% on 4.2 million shares traded, Aastrom Biosciences, Inc. (Nasdaq:ASTM) up 11.9% on 3.7 million shares traded and MSC.Software Corp. (NYSE:MNS) up 12% on 1.3 million shares traded.
Commentary: "New orders at U.S. factories showed strength in August, even though a drop in aircraft orders pulled the overall indicator lower, the U.S. Commerce Department reported on Monday. The department said factory orders shrank 0.1 percent in August, posting the first decline in four months after gaining a revised 1.7 percent in July. This was originally reported as rising 1.3 percent," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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