TSX Top Traders: (RR), (TOG), (MFC), (CMK)
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Visit: Rainy River Resources Ltd.
New York, New York - February 12, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top traders on the TSX for February 12th, 2013.
Rainy River Resources Ltd., (TSX:RR) trading at $3.740 dropped by $-0.080 or -2.09% on a volume of 7,167,177 shares, making it today's top trader on the TSX.
Torc Oil and Gas Ltd., (TSX:TOG) trading at $2.120 moved up $0.020 or 0.95% on a volume of 6,369,613 shares.
ManuLife Financial Corporation (TSX:MFC) trading at $15.670 gained $0.390 or 2.55% on a volume of 5,886,933 shares.
Cline Mining Corp., (TSX:CMK) trading at $0.145 rose by $0.050 or 52.63% on a volume of 5,227,243 shares.
Yesterday Cline Mining Corporation was pleased to announce the appointments of the Honourable Brian Tobin and Mark Haywood to its Board of Directors.
Mr. Tobin served as a Member of Parliament from 1980 to 1996, and served as Minister of Fisheries and Oceans in the Federal Cabinet from 1993 to 1996. Mr. Tobin served as the Federal Minister of Industry from 2000 to 2002. Previously, he served as the Premier of Newfoundland and Labrador from 1996 to 2000. Mr. Tobin was Executive Chairman and CEO of Consolidated Thompson Iron Mines Ltd. (CLM), an iron ore company, until May 2011, when Mr. Tobin and his team from CLM sold the organization for $4.9 billion to Cliffs Natural Resources Inc. Mr. Tobin is currently senior business advisor with Fraser Milner Casgrain LLP in Toronto , and serves on a number of public company boards, including Chairman of the Board of Directors at Marret Resource Corporation.
Mr. Haywood BE Hons, LLB has over 20 years of mining operations experience gained internationally with various companies including BHP Billiton, Gold Fields Limited, Ashanti Goldfields and Placer Pacific. Mr. Haywood has a strong technical background having worked at several public mining companies as a Mining Engineer and Mine Manager. Most recently, Mr. Haywood served as the President & Chief Executive officer of Calvista Gold Corporation, where he negotiated and sold the company to Eike Batista's AUX Group for a 100% premium to 10 day VWAP. Mr. Haywood is a degree-qualified mining engineer and lawyer, and is also a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the Institute of Corporate Directors (ICD).
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