MIAMI, FL , Pfizer Inc. (NYSE: PFE), Apple Inc. (NASDAQ: AAPL)
and Exxon Mobil Corporation (NYSE: XOM).
There is additional news coming from Bancroft Uranium Inc.
(OTCBB: BCFT), and the company should have investors and traders
watching the stock this morning. Yesterday the company issued a
press release advising the public as to the Company's strong
ongoing commitment to environmental principals, the health of its
workers, the community and to the overall protection of the
environment.
Going forward, in the event of a production decision, Bancroft
would be subject to and would need to comply with substantive
environmental regulations. In Canada, the Canadian Nuclear Safety
Commission is the national regulatory body as well as other
stringent Federal and Provincial regulations such as those that
come under the Canadian Environmental Protection Act, The Fisheries
Act, The Environmental Management and Protection Act, The Clean Air
Regulations and The Mineral Industry Environmental Protection
Regulations, just to mention a few.
Additionally, in direct response to past practices, mining law
now requires mine operators to reclaim land disturbed by mining.
Bancroft will be required to incorporate reclamation and
decommissioning plans as part of the Environmental Impact Study
that will form part of Bancroft's application for a mining license.
The Company will also be required to post a bond to guarantee
reclamation of all public and private lands.
With respect to safety of its workers, Bancroft requires all
employees at the Monmouth project site to wear dosimeters which are
regularly monitored. Routine monitoring of air, dust and surface
conditions will also be instituted. If the Monmouth Project goes
into production it will be utilizing a gravity separation milling
process which utilizes a closed water system which would be
recycled, reused and thoroughly cleaned. Metallurgy has shown that
91.4% of the U3O8 can be removed by a first pass, simple gravity
circuit. No hazardous chemicals are envisioned to be used in this
process.
The Company also intends to apply for I.S.O. certification in
accordance with the I.S.O. 14001 standard for environmental
management systems. In short, Bancroft is convinced that it can
conduct mining operations in a completely safe and sustainable
manner on an ongoing basis that will meet standard environmental
protection practices.
Last week the company also announced the first drilling results
from the Spring 2008 surface drill program being conducted at the
Monmouth Uranium Project, near Bancroft, Ontario. Noteworthy assay
results from the first 13 holes are outlined on the May 29th 2008
press release issued by the company.
Finally, the company also reported last week that Francis
Gaskins of IPODesktop.com has issued a third party analyst report
on the Company. The press release states that based on the report's
growth assumptions, Francis Gaskins believes the market
capitalization could approach $90 to $92 million, or $2.00 per
share. Francis Gaskins, a seasoned financial analyst, is noted as
the Internet's most experienced, analytical web cast producer and
interviewer. As the IPO Desktop editor, Gaskins is one of the
leading providers of independent IPO research for professional
money managers and individual investors. The press release states
that as one of 'Forbes Best IPO Sites,' he is widely quoted by the
IPO media including the Wall Street Journal, Dow Jones Business
News, Dow Jones Newswires, Reuters, USA Today, TheStreet.com, CBS
MarketWatch. IPOdesktop editors are quoted by The Wall Street
Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and
others.
Before the news was released, BCFT closed Monday at Ninety cents
a share.
For Stock Market Alerts' in-depth profile of Bancroft Uranium,
visit
http://www.wallstreetenews.com/HotStocks/BCFT060208/default.aspx.
Other Stocks of interest yesterday were:
Pfizer Inc. (NYSE: PFE) down 0.9% on 53.4 million shares traded.
Founded in 1849, Pfizer is the world's largest research-based
pharmaceutical company taking new approaches to better health. The
company discovers, develops, manufactures and delivers quality,
safe and effective prescription medicines to treat and help prevent
disease for both people and animals.
Apple Inc. (NASDAQ: AAPL) down 1.4% on 24.2 million shares
traded. Apple ignited the personal computer revolution in the 1970s
with the Apple II and reinvented the personal computer in the 1980s
with the Macintosh. Today, Apple continues to lead the industry in
innovation with its award-winning computers, OS X operating system
and iLife and professional applications.
Exxon Mobil Corporation (NYSE: XOM) down 1% on 25.9 million
shares traded. Exxon Mobil Corporation engages in the exploration,
production, transportation and sale of crude oil and natural
gas.
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company has not received any compensation for services performed
for Bancroft Uranium Inc. (OTCBB: BCFT). However, the company
maintains a contractual working relationship with Wall Street
Capital Funding, which has been compensated Sixteen Thousand
Dollars (Eight Thousand Dollars for current services and Eight
Thousand Dollars for previous services) for services performed for
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