November 24, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 23, 2011. The Standard & Poor's/TSX Composite Index fell 223.48 (1.89%) to close the day at 11,571.71.
ALLANA POTASH CORP (TSX: AAA) was the most actively traded stock on the TSX and ended lower by 3.42% to C$1.13 after. Earlier this week, the company announced the results of an independent Preliminary Economic Assessment ("PEA") prepared by Ercosplan Ingenieurgesellschaft Geotechnik und Bergau ("ERCOSPLAN") on its Danakhil Potash Project in Ethiopia (the "Project").
Lake Shore Gold Corp. (TSX: LSG) also ended lower by 0.11 (-8.05%) to close at C$1.37 on over 8.18 million shares, compared to its 30-day average volume of 4.67 million shares. Earlier this week, the company announced the completion of an initial National Instrument ("NI") 43-101 resource estimate for the Company's wholly owned Fenn-Gib property located approximately 60 km's east of Timmins, Ontario.
Lundin Mining Corporation (TSX: LUN) fell 0.13 (-3.74%) to C$3.35 on over 4.20 million shares, compared to its average volume of 5.68 million shares. Lundin Mining is a diversified Canada-based base metals mining company with operations in Portugal, Sweden, Spain and Ireland, producing copper, zinc, lead and nickel.
Alacer Gold Corp (TSX: ASR) shares added 0.18 (1.67%) to close the day at C$10.93 on over 2.85 million shares. Alacer Gold Corp. (Alacer), formerly Anatolia Minerals Development, is an intermediate gold producer. As of December 31, 2010, the Company held interests in four operating gold mines in Australia and Turkey.
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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. Global investors must adhere to regulations of each country.