Del Mar, California – WallStreetStockReview.com Reports on Stocks to Watch:
Elray Resources, Inc. (OTC BB: ELRA), L&L INTL HLDGS INC(OTC BB: LLFH.OB), THE AMERGENCE GRP(Other OTC: AMNG.PK), Exxon Mobil Corp.(NYSE: XOM), VU.S. Bancorp (DE)(NYSE: USB)
Featured Stock:
Elray Resources, Inc
(OTC BB: ELRA.OB)
ELRA's Latest Report Indicates Significant Presence of Gold and Zircon.
Elray Resources, Inc.(OTCBB ELRA), a technically-driven mining and exploration company advised shareholders that it is encouraged by Geologists reports of the significant presence of gold on its zircon gold joint venture in central Kalimantan, Indonesia.
The 9,000 ha project area has reportedly played host to traditional gold and zircon mining for more than 100 years with reports of locals gold take-out at around 2g/t.
The gold and zircon are hosted in alluvial quartz sand and gravel deposits that appear to cover most of the concession area. Anecdotal evidence suggests that these deposits may be several tens of meters thick although traditional miners have only mined and worked the top 4-5 meters.
The gold is extremely fine with high mass to surface area ratios and Elray plans for recovery by gravity separation methods with an 85-90% recovery being expected.
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Other Stocks to Watch:
L&L INTL HLDGS INC
(OTC BB: LLFH.OB)
L & L International Holdings, Inc., through its subsidiaries, focuses on coal business in the Peoples Republic of China.
THE AMERGENCE GRP
(Other OTC: AMNG.PK)
SunnComm, Inc. developed a proprietary technology that inhibits illegal duplication of digital music recordings through content security processes, as of April 18, 2001.
Exxon Mobil Corp.(NYSE: XOM)
Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas.
U.S. Bancorp (DE)
(NYSE: USB)
U.S. Bancorp operates as the holding company for U.S. Bank National Association that provides various banking and financial services in the United States.
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