Wednesday's Iron Ore Stocks Gainers; (OTCBB: TRKP), (TSE:ANX), (ASX: FMG), (ASX: IXR)
Category: Investment, Gold, Mining
Visit this company: www.turkpowercorp.com
Point Roberts WA - September 1, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks, for trading August 31,2011.
TurkPower Corporation (OTCBB: TRKP) shares gained 0.050 (27.78%) to $0.23. Recently, the company announced that it has retained EAS Advisors LLC ("EAS). EAS, a financial advisory firm in the commodity and mining space, will assist the Company with arranging and structuring financing to complete its purchase of 50.1% of the operational Kuluncak iron ore mine in Turkey.
Anaconda Mining Inc. (TSE:ANX) moved 0.010 (10.00%) to $0.110 with more than 1.16 million shares trading hands. Yesterday, the company said that the Fiscal fourth quarter saw significant improvement in circuit operation, particularly the solids/solutions separation. As a result, overall mill recovery climbed to the mid 70% range during April and May 2011, versus approximately 50% for the first three fiscal’s quarters of the year.
IMX Resources NL (ASX: IXR) ended higher by 0.04 (-10%) to $0.44. The company announced the appointment of Mr. Andrew Steers as Acting Chief Executive Officer with effect on September 1, 2011, following the resignation of Managing Director, Duncan McBain.
Fortescue Metals Group Limited (ASX: FMG) gained 0.10 (1.65%) to $6.15. Recently, Fortescue Metals Group Ltd advises the retirement of Mr Russell Scrimshaw from the Board of Directors. Mr Scrimshaw joined the Board as a founding Director in 2003. He leaves Fortescue to focus on his other Board and advisory roles, however, will continue to work with the company on a consulting basis.
Adriana Resources Inc. (CVE: ADI) added 0.01 (0.92%) to $1.10.
Altius Minerals Corporation (TSE:ALS) ended the day with a gain of 0.40 (3.89%) at $10.69.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
Visit the company profile at Investorideas.com
Sign up for news on TRKP and other mining stocks
InvestorIdeas.com is a leader in investor stock research by sectors. Sectors we cover include; water stocks, gold and mining stocks, China stocks, oil and gas stocks, renewable energy stocks, coal stocks, tech stocks, biotech stocks, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: 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.