TSX Stocks to Watch; Monday's Trading Leaders: (TSX:GCE), (TSX:CMK), (TSX:ML), (TSX:LUN)

Coal and Mining Stocks Lead

Category: Investment

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November 1, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 31, 2011. The Standard & Poor's/TSX Composite Index ended lower by 267.45 (-2.14%) to end the day at 12,252.06.

Grande Cache Coal Corporation (TSX:GCE) was the most actively traded gainer and ended higher by 4.00 (68.14%) to C$9.87 after Canada's Grande Cache Coal has accepted a C$1 billion ($1 billion) takeover offer from two Asian traders aiming to cash in on rising demand from China's steelmakers.

Cline Mining Corp. (TSX:CMK) added 0.34 (19.21%) to C$2.11 with more than 16.61 million shares exchanged hands, compared to its average volume of 3.35 million shares on news on acquisition of Canadian metallurgical-coal producer Grande Cache Coal Corp. (GCE) for about C$1 billion ($1 billion).

Mercator Minerals, Ltd. (TSX:ML) was another notable active stock with the stock closing higher by 0.03 (1.50%) to C$2.03. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.

Lundin Mining Corporation (TSX:LUN) fell 0.18 (-4.40%) to C$3.91 after it announced the formal appointment of Mr. Paul Conibear as President and CEO of Lundin Mining. Mr. Conibear has been interim President and CEO of the Company since June 30, 2011.

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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

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