Friday, November 04, 2011

Thursday's Iron Ore Stocks Trading; (OTCBB: TRKP), (TSX.V: TNR), (TSX.V: ADI), (TSX.V: MIO)

Point Roberts, WA - November 4, 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 small and large cap iron ore stocks, for trading Thursday November 3rd.
TNR GOLD CORP (TSX.V: TNR) ended flat at C$0.05 with more than 651K shares traded hands – 4.4X its average volume. Late Wednesday, the company announced that it has reached a purchase option agreement on the acquisition of the Soules Bay Iron Ore project.
TurkPower Corporation (OTCBB: TRKP) shares closed at $0.17. 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.
Mindoro Resources Ltd. (TSX.V: MIO) surged 0.015 (11.11%) to $0.15 after it received positive results from key development studies on the Agata Nickel Project (75% economic interest), Surigao district, Mindanao, the Philippines.
Atlas Iron Limited (ASX: AGO) ended the day with a gain of 0.17 (5.59%) at $3.21. It is reported that Atlas Iron expects to reveal its Pilbara railway plans to enable an increase in iron ore production to more than 15 million tonnes a year within months.
Adriana Resources Inc. (TSX.V: ADI) surged 0.02 (1.94%) to $1.05.
AK Steel Holding Corporation (NYSE:AKS) ended the day with a gain of 0.32 (3.83%) at $8.68.
Steel Dynamics, Inc. (NASDAQ:STLD) jumped 0.40 (3.17%) to $13.02.
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.
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TSX Stocks to Watch; Thursday’s Trading Leaders: ( TSX:LSG), (TSX:CNQ), (TSX:SU), (TSX:MFC)

November 4, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 03, 2011. The Standard & Poor's/TSX Composite Index soared 226.59 (1.85%) to end the day at 12,468.35.

Lake Shore Gold Corp.  (TSX:LSG) was the most active stock gainer and ended higher by 0.22 (13.75%) to C$3.96 after the company as Gold prices ended sharply higher above $1,750 an ounce. The company is scheduled to report its third quarter results on Wednesday, November 9, 2011.

Canadian Natural Resources Limited  (TSX:CNQ) was another active gainer and added 3.25 (9.29%) to C$38.23 after the company said that its profit soared to C$836 million, or 76 Canadian cents a share, from C$596 million, or 54 Canadian cents, a year ago. Earnings from operations, came at C$719 million, or 65 Canadians cents, topping analysts’ estimates by 12 cents.
Suncor Energy Inc.(TSX:SU) was another notable active stock with the stock closing higher by 1.61 (5.14%) to C$32.92 after the company said that its profit soared to C$1.29 billion ($1.28 billion), or 82 Canadian cents a share, up from C$1.22 billion, or 78 Canadian cents, a year ago. Earnings from operations, came at C$1.79 billion, or C$1.14 a share, topping analysts’ estimates by 77 cents.
Manulife Financial Corp.  (TSX:MFC) climbed 0.56 (4.46%) to C$13.11, rebounding from its recent fall with the broader market. The stock has a 52-week range of C$10.91-C$19.29.
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Thursday, November 03, 2011

Defense Stock News Alert; Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million DARPA Award

Point Roberts, WA - November 3, 2011 - Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, reports on Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million Defense Advanced Research Projects Agency (DARPA) contract to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers.
Aethlon Medical, Inc. (OTCBB: AEMD), the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announced in October that it has been awarded a $6.8 million contract from the Defense Advanced Research Projects Agency (DARPA) to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers. The contract program will utilize the Aethlon ADAPT™ system as a core technology component underlying an extracorporeal blood purification device that selectively clears multiple sepsis-enabling particles from circulation to promote recovery and prevent sepsis. The resulting device, which is being advanced under DARPA's Dialysis Like Therapeutics (DLT) program, is expected to dramatically decrease the morbidity and mortality of sepsis, thereby saving thousands of lives and billions of dollars in the United States each year. Under the DLT program, Aethlon will also introduce a novel blood pump strategy to reduce or eliminate the systemic administration of anticoagulants normally required during extracorporeal device therapies. Worldwide, more than 18 million cases of sepsis are reported every year, with more than six million resulting in death.
The stock ran to $0.12 following the news in October and is currently trading at $0.08- $0.09.
Company Snapshot:
Aethlon Medical, Inc. (OTCBB: AEMD)
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
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Wednesday's Renewable Energy Stocks Trading; (OTC: CWET), (NYSE:POR), (NASDAQ:BCON), (TSX.V: CTW)

Point Roberts, WA - November 3, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for small and large cap renewable energy stocks for 2nd November.
Portland General Electric Company (NYSE:POR) jumped 0.61 (2.52%) to $24.81. Today, the company said that it earned $27 million, or $0.36 a share on revenue of $439 million, compared to year revenue of $464 million with earnings of $49 million, or $0.65 a share. The Company reports for its renewable energy record, PGE’s renewable power program helps ensure a reliable, sustainable energy future for Oregon, and thanks to our customers it’s the most successful program of its kind in the country.*
Beacon Power Corp. (NASDAQ:BCON) surged 0.014 (16.23%) to close at $0.101 rebounding from its 52-week low of $0.08, made earlier in the session. More than 3.41 million shares traded hands, compared to its average volume 822K shares.
Catch the Wind Ltd. (TSX.V: CTW) shares jumped 0.020 (15.38%) to $0.15 on light volume. Recently, the company announced that effective October 22, 2011, the Company's wholly-owned subsidiary, Catch the Wind, Inc. ("CTW"), withdrew its membership in Falcon Fifty LLC, which was originally formed in September 2009 to acquire a Falcon 50 aircraft. As a result, the Company no longer has any interest in the aircraft.
Clean Wind Energy Tower Inc (OTC: CWET) ended flat at $0.159. Last month, Clean Wind Energy Tower, Inc. entered into a Securities Purchase Agreement with Asher Enterprises, Inc., for the sale of an 8% convertible note in the principal amount of $32,500.
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Biopharmaceutical Stock Alert: Medivation, Inc. (NASDAQ: MDVN) Trades up over 100% on News of Positive Results of Phase 3 AFFIRM Trial

Point Roberts, WA - November 3, 2011 - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for Medivation, Inc. (NASDAQ: MDVN) following news of �Positive Survival Data From Interim Analysis of Phase 3 AFFIRM Trial of MDV3100 in Men With Advanced Prostate Cancer.
The stock is trading up at $35.37, up 18.85 (113.97%) 11:09AM EDT.
This morning, Medivation, Inc. (NASDAQ: MDVN) and Astellas Pharma Inc. announced that the Independent Data Monitoring Committee (IDMC) has informed the companies of positive results from a planned interim analysis of the Phase 3 AFFIRM trial of MDV3100 in men with advanced prostate cancer previously treated with chemotherapy. MDV3100, the first androgen receptor signaling inhibitor, successfully met the study's pre-specified interim efficacy stopping criteria, demonstrating a clinically meaningful and statistically significant (p < 0.0001) improvement in overall survival compared to placebo. As a result, the IDMC recommended that AFFIRM be stopped early and men who received placebo be offered MDV3100.
Investorideas.com Newswire About Medivation
Medivation, Inc. is a biopharmaceutical company focused on the rapid development of novel small molecule drugs to treat serious diseases for which there are limited treatment options. Medivation aims to transform the treatment of these diseases and offer hope to critically ill patients and their caregivers. Together with its corporate partners Astellas and Pfizer, Medivation currently has investigational drugs in Phase 3 development to treat advanced prostate cancer and mild-to-moderate Alzheimer's disease. For more information, please visit us at www.medivation.com.
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TSX Stocks to Watch; Wednesday's Trading Leaders: (TSX:LUN), (TSX: TXG), (TSX: ELR), (TSX: CMK)

November 3, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 02, 2011. The Standard & Poor's/TSX Composite Index bounced back by 126.66 (1.05%) to end the day at 12,241.76.
Lundin Mining Corporation (TSX:LUN) was the most active stock gainer and ended higher by 0.25 (6.74%) to C$3.96 after the company announced the resignation of Mr. Paul Conibear, President and CEO of Lundin Mining Corporation ("Lundin Mining") as a director of the Company, effective October 31, 2011.
Torex Gold Resources Inc (TSX:TXG) added 0.15 (9.87%) to C$1.67 as gold prices climbed with more than 6.84 million shares exchanged hands, compared to its average volume of .58 million shares. The stock has a 52-week range of $1.16-$2.39. Kinross Gold Corporation (Kinross) is engaged in the exploration for, and acquisition, development and operation of, gold-bearing properties in the United States of America, the Russian Federation, Africa and worldwide.
Eastern Platinum Ltd. (TSX ELR) was another notable active stock with the stock closing higher by 0.030 (4.84%) to C$0.65, rebounding from its recent lows. The stock has a 52-week range of $0.55-$1.98.
Cline Mining Corp. (TSX:CMK) climbed 0.07 (3.47%) to C$.09. The stock has a 52-week range of C$0.99-C$5.04. Cline Mining Corporation (Cline) is a Canada-based, development-stage company. The Company, along with its subsidiaries, is engaged in the business of locating and exploring mineral resource properties and developing its existing coal project.
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Wednesday’s NASDAQ Winners: SYMS, CDXS, SIMO, SBGI


Syms Corp.  (NASDAQ:SYMS) Gains 26.73% 

POINT ROBERTS, November 03, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday November 2nd. NASDAQ surged 33.02 (1.27%) to 2,639.98.

Syms Corp.  (NASDAQ:SYMS) was the top percentage gainer for the session closing higher 2.05 (26.73%) to $9.72 after Syms said that it will close all of its 46 stores on two and a half years after it bought Filene’s basement out of bankruptcy protection for $62.4 million.

Codexis, Inc.  (NASDAQ:CDXS) climbed 1.06 (23.82%) to $5.51 after the company said that it had  a loss of 8 cents a share on revenue of $33.3 million in its third quarter, compared to analysts’ estimates of a loss of 8 cents a share on revenue of $31.65 million. Moreover, going forward, the company projects to report revenue of $120 million or more, compared to consensus of $122 million.

Silicon Motion Technology Corp. (ADR)  (NASDAQ:SIMO) closed up 3.48 (22.07%) to end the day at $19.25 after the company reported that it earned 40 cents a share on revenue of $63.2 million, ahead of analysts’ estimates of 23 cents a share and revenue of $50.29 million. The company projects to grow its FY11 revenue by 61% to 66% year-over-year.

Sinclair Broadcast Group, Inc.  (NASDAQ:SBGI) surged 1.72 (19.26%) to close at $10.65 after the company reported earnings of 24 cents a share on revenue of $180.9 million in its third quarter, head of analysts’ estimates of 16 cents a share on revenue of $177.2 million. The company also announced that it would buy WRGB, Channel 6 and 7 other stations for $385 million.

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Wednesday's Water Stocks Trading: (NasdaqGM: CDZI), (NASDAQ:ERII), (NYSE: MLI), (NYSE: SJW)

Point Roberts, WA - November 3, 2011 – Investorideas.com, a leader in sector research including water stocks issues a trading snapshot for four leading water stocks trading up as of the close November 3rd.
Cadiz, Inc. (NasdaqGM: CDZI) closed up at $9.47, up 0.46 (5.11%). The Company reported October 20 th, that a multi-disciplinary panel of groundwater experts has found the Cadiz Valley Water Project can be operated on an environmentally sustainable basis to offer Southern Californians a significant water supply and storage option. The next day the stock rose 21.5 percent to $10.07.
The Cadiz Valley Water Conservation, Recovery and Storage Project is designed to capture and conserve thousands of acre-feet of native groundwater currently being lost to evaporation through an aquifer system beneath private property owned by Cadiz Inc. in eastern San Bernardino County, California. SMWD is serving as the lead agency of the CEQA review for the Project. The Project will maximize the beneficial use of groundwater currently lost to evaporation by 1) capturing the natural recharge of rain and snow that filters through the ground from the nearby mountains and 2) recovering groundwater that would otherwise continue on its down slope path and be lost to salt contamination and evaporation.
Energy Recovery Inc (NASDAQ:ERII) closed up at $3.15, up 0.14 (4.65%) on news.
The Company announced Wednesday that the Southern Seawater Alliance (SSWA) will expand the original Binningup facility in Western Australia with PX Pressure Exchanger™ (PX™) devices. By utilizing ERI's PX devices, the Southern Seawater Desalination Plant (SSDP) will virtually eliminate costly unplanned downtime and reduce the energy and costs required to produce an additional 140,000 m3/day (37 million gallons) of fresh water for a total new capacity of 300,000 m3/day of water (79.2 million gallons) for the greater Perth region.
Mueller Industries, Inc. (NYSE: MLI) closed up at $40.81, up 1.25 (3.16%) on just over 241,000 shares. The Company reported Third Quarter results last Tuesday. Mueller's net income in the third quarter was $10.5 million, or 27 cents per diluted share, on net sales of $585.8 million. This compares with net income of $18.9 million, or 50 cents per diluted share, on net sales of $507.2 million in the third quarter of 2010. The third quarter 2011 results were affected by the precipitous decline in copper prices, resulting in a pretax charge of $6.8 million (or approximately 12 cents per diluted share after tax). Without these charges, earnings would have been 39 cents per diluted share.
SJW Corporation (NYSE: SJW) closed up at $23.49, up 0.85 (3.75%). Last week the Company reported financial results for the third quarter ended September 30, 2011. Operating revenue was $73.9 million in the quarter compared to $70.3 million in 2010. The $3.6 million increase in revenue reflects cumulative rate increases of $4.4 million, $221,000 in new customers, partially offset by lower customer usage (a $1.4 million impact), and $353,000 in higher revenue from real estate operations.
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Wednesday, November 02, 2011

Nanotech Stock to Watch; CVD Equipment Corporation (NasdaqCM: CVV)

POINT ROBERTS, November 2. 2011 - Investorideas.com, a leader in sector research for independent investors issues the following commentary from Josh Levine of the MicroCap Investor for nanotech stock CVD Equipment Corporation (NasdaqCM: CVV), as part of the
Follow the Money in Nanotech series. The stock is currently trading at $ 16.60, up 0.24 (1.47%).
CVD Equipment Corp. (CVV) has developed and built customized equipment for R&D facilities since the 1980s. Focused on nanoscale materials and coatings for semiconductor and other advanced electronics applications, CVD has tremendous knowledge and capabilities based on experience with the more than 200 leading technology corporations and institutions which comprise its customer base. Today, following two strategic acquisitions targeted at manufacturing, CVD is transforming its business from primarily customized equipment to production offerings for new and emerging markets.
"Like the tortoise in the fable, CVD has slowly and steadily kept its head down and stayed the course for many years”, says Josh Levine, editor of Levine's MicroCap Investor. "The company's most recent quarter shows a 122% jump in revenues year-over-year and its backlog soared 376% during the same period. For the next two years, CVD's biggest challenge will be managing its shift to commercial systems and creating the corporate culture and infrastructure to support explosive growth”, according to Levine.
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Nanotech Stocks to Watch; Flamel Technologies (NASDAQ: FLML)

POINT ROBERTS - November 2, 2011 –Investorideas.com, a leader in sector research for independent investors issues the following commentary for nanotech stocks and drug delivery as part of the ongoing content series “follow the money in Nanotechnology.”
According to Cientifica's recent report, Nanotechnology in Drug Delivery 2011,"
The healthcare market is poised to see some of the earliest benefits of nanotechnology. Over the next decade, it will be one of nanotech's highest growth sectors. Targeted drug delivery therapies for the treatment of cancer is one of the most commonly cited nano-healthcare benefits.
The market growth for NDD in the period 2000-2010 shows it reached US$1,030 million by 2010.The forecast for nanotech drug delivery to 2021 shows that the total addressable market will reach US$ 136,134 million by 2021 and the compound annual growth rate (CAGR) is estimated to be 49.96% over the period 2010-20121."
One of the nanotech stocks within the sector to watch is Flamel Technologies (NASDAQ: FLML).
The stock has as 52 week range of $3.61 - 7.75 and is currently trading at $4.75.
Flamel Technologies, S.A. is a biopharmaceutical company principally engaged in the development of two unique polymer-based delivery technologies for medical applications. Micropump® is a controlled release and taste-masking technology for the oral administration of small molecule drugs; it is the intellectual platform licensed by GlaxoSmithKline for the development of Coreg CR™. Flamel's Medusa® technology is designed to deliver controlled-release formulations of therapeutic proteins and peptides.
Investorideas.com Newswire Source: http://cientifica.eu/blog/ research/market-reports/ nanotechnology-in-drug-delivery-2011/
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Investorideas.com was not compensated by companies in this article this is not a solicitation to buy or sell FLML.
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Tuesday's NASDAQ Winners: BBXT, NBIX, COCO, RTEC

POINT ROBERTS - November 2, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday November 1st. Nasdaq slid for the fourth consecutive day and ended lower by 77.45 (-2.89%) at 2,606.96.
BankAtlantic Bancorp, Inc. (Nasdaq:BBXT) was the top percentage gainer for the session closing higher 10.95 (99.55%) to $21.95 after BB&T Corporation said today it had agreed to acquire BankAtlantic, the wholly-owned subsidiary of BankAtlantic Bancorp .
Neurocrine Biosciences, Inc. (NASDAQ:NBIX) climbed 1.02 (16.29%) to $7.28 after the company said that it earned $2.6 million or 5 cents a share on revenue of $85.8 million in its third quarter, compared to a year ago profit of $5.6 million, or 10 cents a share on revenue of $72.9 million.
Corinthian Colleges, Inc. (NASDAQ:COCO) closed with a gain 0.27 (14.14%) to end the day at $.18 after the company reported a loss of 4 cents a share in its third quarter, missing analysts estimates of a loss of 2 cents. Corinthian expects full-year earnings of 30-35 cents a share, above Wall Street expectations of 10 cents a share
Rudolph Technologies, Inc. (NASDAQ:RTEC) surged 1.01 (13.70%) to close at $8.38 after the company reported earnings of $5.3 million, or 16 cents a share on revenue of $41.4 million in its third quarter, compared to a year ago profit of $7.0 million or 22 cents a share on revenue of $51.5 million.
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TSX Stocks to Watch; Tuesday's Trading Leaders: (TSX:BBD.B), (TSX: K), (TSX: YRI), (TSX: G)

November 2, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 01, 2011. The Standard & Poor's/TSX Composite Index continued to move lower by 136.96 (-1.12%) to end the day at 12,115.10 as North American markets once again reacted to the Greek debt problems.
All four leaders are continuing gains in early morning trading for Wednesday.
Bombardier, Inc. (TSX:BBD.B) was the most active stock gainer ending higher by 0.03 (0.73%) to C$4.15, off day’s low of $3.95. Bombardier Aerospace confirmed that final results of a three-phase wind tunnel test program provided further validation of the CSeries aircraft's aerodynamic design. They also support design predictions that the CSeries aircraft, optimized specifically for the growing 100- to 149-seat market, will deliver a step-change in fuel efficiency. The wind tunnel tests also contributed to the achievement of optimal integration of Pratt & Whitney's ultra high-bypass ratio (12:1) PurePower® PW1500G engine.
Kinross Gold Corporation (TSX:K) was the another active gainer and added 0.52 (3.66%) to C$14.73 with more than 6.02 million shares exchanged hands, compared to its average volume of 4.46 million shares. The stock has a 52-week range of $13.42-$19.77. The market is expecting Q3 2011 Kinross Gold Corp Earnings Release following today’s market close .
Yamana Gold Inc. (TSX:YRI) was another notable active stock with the stock closing higher by 0.32 (2.15%) to C$15.20. The stock has a 52-week range of $14.40-$15.40..Investors are expecting Q3 2011 Yamana Gold Inc Earnings Release at today’s market close.
Goldcorp Inc. (TSX:G) climbed 1.45 (2.99%) to C$49.95. The stock has a 52-week range of $38.99-$55.93..
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Tuesday, November 01, 2011

Monday's NASDAQ Winners: SIFY, REDF, MNTA, CVVT

POINT ROBERTS - November 1, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday October 31st. Nasdaq closed with a loss of 52.74 (-1.93%) to end at 2684.41.
Sify Technologies Limited (NASDAQ:SIFY) was the top percentage gainer for the session closing higher $2.43 (62.79%) to $6.30 on no news. More than 6.88 million shares traded hands, compared to its average volume of 809K shares. The stock has been moving higher over the past week surging 85%.
Rediff.com India Limited (ADR) (NASDAQ:REDF) climbed $3.34 (44.01%) to $10.93 on hefty volume of 3.42 million shares, compared to its average volume of 433K shares. The stock has jumped over 64% over the past one week. The stock has a 52-week range of $2.90-$17.98.
Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) closed with an impressive gain of $2.56 (20.92%) to end the day at $14.80 after its federal-court victory Friday temporarily stopping rivals from selling a generic form of its anti-clotting drug.
China Valves Technology, Inc. (NASDAQ:CVVT) gained $0.42 (15.85%) to close at $3.07 rebounding from its recent lows. More than 664K shares exchanged hands, compared to its average volume of 144K shares.
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TSX Stocks to Watch; Monday's Trading Leaders: (TSX:GCE), (TSX:CMK), (TSX:ML), (TSX:LUN)

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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