Tuesday’s Iron Ore Stocks Trading; TRKP, CCY, FEO, NAE

Iron Ore Mining Stocks Show Gains in Down Trading Session

Point Roberts WA- Aug 17, 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 trading August 16th. Overall markets were down in yesterday’s trading session but there were gains to be found in select stocks.

Several of the iron ore stocks realized gains in yesterday’s trading.

TurkPower Corporation (OTCBB: TRKP) shares jumped 15.79% to $0.22. Over the past one year, the stock has witnessed a gain of over 22%. The company owns 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi, the 100% private owner of the Kuluncak iron ore project in Turkey.

LEGACYIRON FPO (ASX: LCY.AX) surged 0.01 (5.41%) to $0.20 with more than 5.07 million shares traded hands. Legacy Iron Ore Limited engages in the exploration and development of iron ore and gold deposits in Australia. It holds interests in the Robertson Range Project comprising 3 exploration licenses covering an area of approximately 800 square kilometers located east-northeast of Newman in the East Pilbara

Oceanic Iron Ore Corp (CVE: FEO) ended the day flat at $0.355. Oceanic Iron Ore has reported the third set of assays from the 2011 resource verification campaign. The recent assay results continue to associate well with the historic results.

New Age Exploration Limited (ASX: NAE) added 4.35% to $0.12. Recently, the company announced that it has entered into a binding agreement to acquire 100% of the rights to the JBI 11091 exploration and mining concession application within the Subachoque Syncline, which is host to high quality hard coking coal deposits in Cundinamarca in Colombia. The Subachoque Syncline is located approximately 40 kilometers north east of Bogota.

Australasian Resources Ltd. (ASX: ARH) gained 0.010 (4.76%) to $0.22.

OCEANIC IRON ORE CORP (TSXV: FEO.V) ended the day with a gain of 7.69% at $0.42.

WPG Resources Ltd (ASX: WPG) moved up 0.015 (1.67%) to $0.915.

Allied American Steel Corp (OTC: AAST) ended the day higher by 14.63% to $0.47.


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
http://www.investorideas.com/CO/TRKP/


Sign up for news on TRKP and other mining stocks
http://www.investorideas.com/Resources/Newsletter.asp


About InvestorIdeas.com:
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

For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com