Tuesday, May 08, 2012

Oil Services Stock Alert : Raptor (OTCQB: RRHI) Signs M.O.U. with Major Oilfield Service Provider for API Grade Barite Utilized in the Oil & Gas Well Drilling Sector

FREEHOLD, N.J. - May 8, 2012 (Investorideas.com Newswire) - Raptor Resources Holdings Inc. (OTCQB: RRHI), announces today the signing of a Memorandum of Understanding (MOU) with one of the world’s oilfield service giants. The MOU lays the groundwork for a long-term purchase agreement between both companies. Once in full production, the company estimates it will ship 220,000 tons/year against the 2M tons listed in the MOU. The MOU provides exclusive rights to the customer for all API (American Petroleum Institute) barite applications.
The Gulf of Mexico, home to the largest concentration of active rigs world-wide consumed up to 5M tons of bulk barite during CY2010 with the major contributors being China (3.6M tons) and India (1M tons). Barite is used as a weighting agent during drilling to reduce the formation pressures preventing well blowouts. API Grade bulk barite prices referenced in Industrial Minerals’ March 2012 commodity price list averaged $144/ton based on FOB China and FOB India conditions representing a 48% price increase since August 2011.
The company is also in early stage discussions with non-API customers to provide a combined total of 110,000 tons/year of the company’s premium barite for applications in the Paint, Automotive, Medical and Plastic/Rubber sectors. Pure Barium Sulfate (BaSO4) has a specific gravity of 4.5. Dodge Mine samples tested by the University of Zimbabwe in late 2011 documented the company’s white barite at 97.25% and the pink barite at 95.5% pure Barium Sulfate (BaSO4). With bright white barite during the 1st Qtr. commanding a price premium in the order of $225/ton, the company’s business model, once at full capacity, represents 330,000 tons/year taking optimum advantage of the high percentage of superior grade barite deposits at Dodge Mine to support non-API applications.
Dodge Mine is a world class, hydrothermal mountain range covering 305 acres. The barite deposits are 100% recoverable compared to certain barite mines in Nevada that are rated 45% recoverable. The company was proactive to recently acquire an additional 1235 acres along the mountain range bringing the total property size to 1540 acres. The company recently started a gravity mapping program to identify all mineral/metal types on the Dodge Mine property with first priority being barite anticipating a mineral/metal composite of probable/proven reserves. The gravity mapping program is targeting completion this June.
Al Pietrangelo, President & CEO of Raptor Resources Holdings Inc., stated, "The short term delay in alluvial surface gold mining was a bold move to aggressively secure Dodge Mine and surrounding property that should benefit the shareholders for years to come. As we move into production to generate revenue from the mineral/metal assets of Dodge Mine along with our intent to start alluvial gold production the second half of this year, we anticipate the combined revenue from both business units will create sustaining shareholder value on both fronts over the next 18 months."
The company is in early stage discussions with industry experts to vertically integrate certain stand alone minerals and blended minerals for value added revenue opportunities as well as continuing to target new mineral assets to compliment the company’s portfolio of mineral/metal assets.
Mr. Pietrangelo further stated, "This is a very exciting time for Raptor Resources Holdings Inc. Since the change of control of the parent company was effectuated last May, 2011, management has tirelessly sought out many opportunities for and on behalf of our shareholders." He added, "This is just the beginning of the many events that are expected to unfold, which we firmly believe will lead us to a strong profitable future."
Raptor Resources Holdings Inc. (parent/holding Company)
Raptor Resources Holdings Inc. is the parent/ holding Company with three independently operating subsidiaries: TAG Minerals Inc., Mabwe Minerals Inc. and Lantis Laser, Inc. (www.raptorresourcesholdings.com)
About TAG Minerals Inc.
TAG Minerals Inc. is a U.S. based (incorporated in Wyoming ) mineral resource acquisition, exploration and development company, with operations conducted through its operating affiliate, TAG Minerals Zimbabwe (Private) Limited. The company’s business is managed by its directors and officers who have mineral extraction and commercial experience. TAG’s strategy is to identify, acquire and exploit mineral properties that have potential. TAG Minerals is augmented by independent financial, geological, and mining professionals who advise the company on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit (www.extrac-tec.com)
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard asset OTCQB publicly traded, fully reporting company engaged in the mining and commercial sales of industrial minerals and metals.
About Lantis Laser, Inc.
Lantis Laser, Inc. is developing under license, synergistic, high resolution, light-based imaging modalities which can detect decay and microstructural defects at an early stage, and unlike x-ray, do not emit potentially harmful ionizing radiation. Its products are in development and cannot be sold until FDA clearance for marketing is obtained.
For more news on OCT in Dentistry; visit: (www.octnews.org)
Safe Harbor.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
CONTACT INFORMATION
Corporate Inquiries:
Al Pietrangelo, President & CEO
Raptor Resources Holdings Inc.
Telephone: 732.252.5146
a.pietrangelo@raptorresourcesholdings.com
Stan Baron, President
Lantis Laser, Inc.
Telephone: 203.300.7622
sbaron@lantislaser.com
Published at Investorideas.com Newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure : Investorideas.com was paid one thousand for news publishing and distribution through its newswire and partner sites in addition to email .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

Monday, May 07, 2012

Mining News: Raptor Resources Holdings Inc. (OTCQB: RRHI) Initiates Gravity Mapping Program at Dodge Mine

FREEHOLD, N.J. - May 7, 2012 (Investorideas.com Mining stocks newswire) Raptor Resources Holdings Inc. (OTCQB: RRHI) is pleased to announce that the gravity mapping program of Dodge Mine (Shamva, Zimbabwe) has started. With outstanding recommendations from barite geologist experts, the company has solicited the services of MWH GEO-Surveys Ltd. (http://www.mwhgeo.com/). Kevin MacNabb, owner/operator recently completed a pre-site survey of Dodge Mine to ensure the gravity mapping parameters of the hydrothermal mountain range are optimized to capture the multiple barite lenses across the property with additional recommendations to identify a variety of mineral/metal deposits.
Dodge Mine is classified as an Irregular Ore Body with close-spaced veinlets cutting the host rock and forming an intercalated network of cylindrical or cap-like deposits cutting across geological boundaries. Prior drilling reports identified barite, limestone/marble and talc. Of key interest is the documented widespread occurrences of gossans deposits indicating a massive undeveloped sulphide deposit often associated with gold, nickel, copper and lead. The presence of these metabasalt often point to gold in the host rock. Both local and international geologists have confirmed that the Dodge Mine barite deposits are world class, contain very high percentages of pure Barium Sulfate (BaSO4) and 100% recoverable.
Kevin MacNabb, owner/operator of MWH Geo-Surveys Ltd. stated, "These are exciting times for junior mining companies like Raptor Resources Holdings Inc. as I have watched firsthand the dramatic impact to shareholder value with successful gravity mapping programs performed for other mining companies in Africa." He further stated, "The pre-site survey was paramount in setting the optimum profile configuration for gravity mapping the Dodge Mine to address the unique features of their hydrothermal mountain range property."
Al Pietrangelo, President and CEO of Raptor Resources Holdings Inc. added, "We are excited to begin the mapping program teamed with highly acclaimed MWH Geo-Surveys Ltd and would like to thank Kevin for being proactive to personally assist us during the pre-site survey. With their state of the art Aliod 100X micro-gal gravity meters and GPS data loggers utilizing proprietary G Control software exclusive to the company, we look forward to sharing the data with our most prized resource of all, our shareholders."
Raptor Resources Holdings Inc. (parent/holding Company)
Raptor Resources Holdings Inc. is the parent/holding Company with three independently operating subsidiaries: TAG Minerals Inc., Mabwe Minerals Inc. and Lantis Laser, Inc.
(www.raptorresourcesholdings.com)
About TAG Minerals Inc.
TAG Minerals Inc. is a U.S. based (incorporated in Wyoming) mineral resource acquisition, exploration and development company, with operations conducted through its operating affiliate, TAG Minerals Zimbabwe (Private) Limited. The company's business is managed by its directors and officers who have mineral extraction and commercial experience. TAG's strategy is to identify, acquire and exploit mineral properties that have potential. TAG Minerals is augmented by independent financial, geological, and mining professionals who advise the company on its mining and exploration projects throughout Zimbabwe, Africa.
To find out more about the mining equipment utilized by TAG; visit (www.extrac-tec.com)
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard asset OTCQB publicly traded, fully reporting company engaged in the mining and commercial sales of industrial minerals and metals.
About Lantis Laser, Inc.
Lantis Laser, Inc. is developing under license, synergistic, high resolution, light-based imaging modalities which can detect decay and microstructural defects at an early stage, and unlike x-ray, do not emit potentially harmful ionizing radiation. Its products are in development and cannot be sold until FDA clearance for marketing is obtained.
(http://www.lantislaser.com)
For more news on OCT in Dentistry; visit: (www.octnews.org)
Safe Harbor.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Published at Investorideas.com Newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure : Investorideas.com was paid one thousand for news publishing and distribution through its newswire and partner sites in addition to email. 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

TSX Mining News: SilverCrest (SVL.V) (STVZF.PK) Reports 127.4m @ 65.6 gpt Ag Eq(i) at La Joya Expands Main Mineralized Trend to Northeast and Southwest

VANCOUVER, BRITISH COLUMBIA - May 7, 2012 (Investorideas.com Mining stocks newswire) SilverCrest Mines Inc. (SVL.V) (STVZF.PK) (STVZF.PK) (the "Company") is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend ("Trend") an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012). New results show the Trend expanding an additional 200 metres to the northeast and 100 metres to southwest with the average width increasing from 500 to approximately 700 metres along a strike length of 2,500 metres (see attached figure: here). Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
J. Scott Drever, President stated: "In January we announced an initial Inferred Resource in a portion of the Trend of 57.9 million tonnes grading 28 gpt Ag, 0.18 gpt Au and 0.21% Cu and containing 101.9 million ounces Ag Equivalent(i). We have since drilled 23 holes as a part of the second phase of drilling that have successfully expanded mineralization in all lateral directions with the possible expansion of the resource along the Trend. We have begun to drill the area to the southeast of the declared resource which, based on previous historic drilling and our surface sampling results, is expected to host the most attractive mineralized portion of the Trend".
These further 16 holes have partially tested the eastern and western margins of the northern end of the Trend and have provided in-fill information within the resource area. Silver values range from 2.6 gpt to 255.7 gpt and on a silver equivalent(i) basis values range from 24.0 gpt to 445.6 gpt Ag Eq. Mineralized intervals range from 3.5 metres to 127.4 metres. True thicknesses of mineralized intercepts can be approximated from previously announced drill holes in associated areas and cross-sections. The most significant assay results are shown in the following table;
Investorideas.com Newswire Investorideas.com Newswire Investorideas.com Newswire All sample analyses were completed by ALS Chemex in Zacatecas, Mexico and North Vancouver, BC, Canada.
Holes L J DD12-40 and L J DD12-41 have identified additional mineralization along the Contact Zone which had been previously drilled and defined as mineralization near the contact of Cretaceous sediments and underlying quartz feldspar porphyry stock and dykes. The Contact Zone is exposed at surface and in this area has a northwest-southeast strike approximately one and a half kilometer long with semi-massive to massive sulfide mineralization (primarily chalcopyrite and pyrrhotite) immediately adjacent to contacts. This type of mineralization is similar to that of the nearby producing Penoles' Sabinas Mine.
Holes L JDD12-44 to 48 have identified additional mineralization in the Northeast portion of the Trend previously identified as the "Esperanza" target. This mineralization is similar to previously defined mantos, structures/stockwork and the Contact Zone although the mantos and structures appear to be fewer in number and somewhat deeper than in the central section of the Trend. Further drilling in this area is required to better define near surface mineralization.
Core samples for holes L J DD12-49 to L J DD12-52 are currently in the laboratory being analyzed. The program is currently drilling at hole L JDD12-53 located on the south central part of the Trend. Assays for the next series of holes will be reported upon receipt and compilation. Several holes contain anomalous molybdenum, tungsten, lead and zinc values over significant widths in the skarn. The significance of these associated mineral zones is being examined.
The Phase II 80 hole drill program is expected to test approximately 2.5 kilometres of the Trend that includes at least the 8 near-vertical structures/stockwork zones, 14 near-horizontally stacked mantos plus the Contact Zone adjacent to the underlying intrusive. Drilling on the southern extension of the Trend has commenced. Based on Company surface mapping, sampling and historic drill hole results, this area is thought to be potentially the highest grade area along the Trend.
The La Joya Deposit currently has estimated Inferred Resources of:
Investorideas.com Newswire Please refer to the January 4, 2012 news release for further details of the Inferred Resource estimate and to the La Joya NI 43-101 Technical Report filed on www.Sedar.com
The Qualified Person under National Instrument (NI 43-101) Standards of Disclosure for Mineral Projects for this News Release is N. Eric Fier, CPG, P.Eng, and Chief Operating Officer for SilverCrest Mines Inc., who has reviewed and approved its contents.
SilverCrest Mines Inc. (SVL.V) (STVZF.PK) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest's flagship property is the 100%-owned Santa Elena Mine, which is located 150 km northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The mine is a high-grade, epithermal gold and silver producer, with an estimated life of mine cash cost of US$8 per ounce of silver equivalent (55:1 Ag:Au). SilverCrest anticipates that the 2,500 tonnes per day facility should recover approximately 4,805,000 ounces of silver and 179,000 ounces of gold over the 6.5 year life of the open pit phase of the Santa Elena Mine. A three year expansion plan is underway to double metals production at the Santa Elena Mine and exploration programs are rapidly advancing the definition of a large polymetallic deposit at the La Joya property in Durango State.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" within the meaning of Canadian securities legislation and the United States Securities Litigation Reform Act of 1995. Such forward-looking statements concern the Company's anticipated results and developments in the Company's operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. These statements relate to analyses and other information that are based on expectations of future performance, including silver and gold production and planned work programs. Statements concerning reserves and mineral resource estimates may also constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed and, in the case of mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation: risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Mexican peso, Canadian dollar and United States dollar); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company's ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risks related to the global economy; risks related to the Company's status as a foreign private issuer in the United States; risks related to all of the Company's properties being located in Mexico and El Salvador, including political, economic, social and regulatory instability; and risks related to officers and directors becoming associated with other natural resource companies which may give rise to conflicts of interests. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking statements. The Company's forward-looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
The information provided in this news release is not intended to be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented.
J. Scott Drever, President
SILVERCREST MINES INC.
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
SilverCrest Mines Inc.
Fred Cooper
(604) 694-1730 ext. 108
Toll Free: 1-866-691-1730
(604) 694-1761 (FAX)
info@silvercrestmines.com
www.silvercrestmines.com

Friday, May 04, 2012

TSX Stocks to Watch; Thursday's Top Gainers: TSX: AAA, TSX: TBL, TSX: EXN, TSX: GGA

New York, NY - May 4, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for May 03, 2012. The Standard & Poor's/ TSX Composite Index fell 215.22 (1.76%) to close at 12,014.90.
ALLANA POTASH CORP (TSX:AAA) continued to move higher and added another 16% after the company said it received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
Taiga Building Products Ltd. (TSE:TBL) edged higher by 0.06 (10.17%) to close at C$0.65 without any official news on over 82K shares, compared to its average volume of 7K shares. Taiga Building Products Ltd is a Canada-based company. The Company is an independent wholesale distributor of building products in Canada.
Excellon Resources Inc. (TSE:EXN) rose 0.03 (5.66%) to close at CS0.56 on 265K shares, compared to its average volume of 212 shares. Excellon Resources Inc. is engaged in the acquisition, exploration, development and extraction of silver-zinc-lead metals in Mexico. The Company owns and operates the Platosa Property in Durango State and the Miguel Auza Property in Zacatecas State, Mexico.
Goldgroup Mining, Inc. (TSE:GGA) gained $ 0.03 (4.41%) to close at C$0.71. Recently, the company appointed Mr. Chester F. Millar to the Board of Directors. Goldgroup Mining Inc. is a Canadian mining and metals company focused on gold exploration and production in Mexico.
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Thursday’s NASDAQ Top Stock Winners: KNSY, ATRC, MGAM, LQDT

New York, NY, May 04, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday, May 03. The Nasdaq Composite slid 35.55 (-1.16%) to close at 3,024.30

Kensey Nash Corporation (NASDAQ:KNSY) shares  jumped over 32% after the Royal DSM agreed to acquire all of the common stock of Kensey Nash in a cash tender offer for $38.50 per share in cash.

AtriCure Inc. (NASDAQ:ATRC) reported first-quarter revenue of $17.5 million, up 12% from the same period a year ago, owing to renewed growth in domestic sales. The company posted a net loss of $1.6 million, as compared with a loss of $1.3 million in first-quarter 2011. The per-share loss was $0.10, while analysts expected a loss of $0.14 per share.

Looking forward, the company expects fiscal 2012 revenue in a range of 12% to 15% growth over fiscal 2011. The Company reported revenue of $64.40 million in fiscal 2011. Analysts are expecting the company to report revenue of $72 million for fiscal 2012. Shares of the company jumped over 5%.

Multimedia Games Holding Company Inc (NASDAQ:MGAM) added 16.51% to close at $13.71 after the company reported second quarter revenue of $39.5 million, as compared to $30.1 million in the year ago quarter. Net income was $6.8 million, or $0.24 per diluted share, as compared to $1.2 million, or $0.04 per diluted share, in the same quarter last year.

Looking forward, the company expects fiscal2012 total revenue in between $144 million to $147 million. The Company also raised its fiscal 2012 diluted EPS outlook to a range of $0.72-$0.76. Analysts were expecting the company to report revenue of $138 million and EPS of $0.44for fiscal 2012.

Liquidity Services, Inc. (NASDAQ:LQDT) stock gained 13.13% to close at $62.24. The company reported second quarter net income of $18.8 million or $0.57 diluted earnings per share, as compared with $5.1 million, or $0.18 per share, last year. Adjusted net income was $17.2 million or $0.52 diluted earnings per share. Revenue rose 41% to $125.7 million. Analysts had expected earnings of $0.37 per share on revenue of $122.6 million.

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Thursday, May 03, 2012

Wednesday's TSX Stocks Top Gainers: (TSX: CVI.A), (TSX: NVA), (TSX: AAA), (TSX: WED)

New York, NY - May 3, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for May 02, 2012. The Standard & Poor's/TSX Composite Index fell 102.67 (-0.83%) to close at 12,230.12.
Calvalley Petroleum Inc. (TSX: CVI.A) shares jumped $0.27 (15.70%) to close at C$1.99 without any official news. Calvalley Petroleum Inc. is a Canadian-based company engaged in the exploration, development and production of crude oil and natural gas.
NuVista Energy Ltd. (TSX:NVA) climbed up $0.41 (12.42%) to end at CS3.71 on 701K shares, compared to its average volume of 244 shares. NuVista Energy Ltd. (NuVista) is an independent oil and natural gas company engaged in the exploration for, and the development, production and acquisition of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan.
ALLANA POTASH CORP (TSX:AAA) shares added 0.060 (10.71%) to close at C$0.620 after the company said it has received an updated NI 43-101-compliant mineral resource estimate from ERCOSPLAN on its Danakhil potash project in Ethiopia, increasing measured and indicated resources by over 90%.
The Westaim Corporation (TSX:WED) price increased by $0.050 (7.35%) to close at C$0.730 after Intact Financial agreed to purchase from the Company all of the issued and outstanding shares in the capital of JEVCO Insurance Company for $530 million in cash. The Westaim Corporation, incorporated on May 7, 1996, is a Canada-based financial services holding company that invests directly and indirectly through acquisitions, joint ventures and other arrangements.
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Wednesday's NASDAQ Top Percentage Winners: SMSC, PZZA, WWWW, RLOC

New York, NY - May 3, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday, May 02. The Nasdaq Composite jumped 9.41 (0.31%) to close at 3,058.85.
Standard Microsystems Corporation (NASDAQ:SMSC) soared $10.17 (38.76%) to close at $36.43 after Micron Technology, Inc. (NASDAQ:MU) reached an agreement to acquire the company for about $939 million or $37 a share, a 41% premium to its Tuesday closing price of $26.24. Shares of SMSC made a 52-week high of $36.60 earlier in the session.
Papa John's Int'l, Inc. (NASDAQ:PZZA) rose $7.87 (19.93%) to end at $47.36 after the company lifted its full-year outlook. The company now expects to earn $2.40 to $2.50 a share, up from its earlier forecast of $2.33 to $2.43 per share, ahead of analysts' estimates of $2.36 per share. For the first quarter, the company reported net income of $16.7 million, or 69 cents per share, up from a year ago profit of $16.4 million, or 64 cents per share. Excluding some costs, the company would have earned 79 cents a share. Quarterly revenue grew 6% to $331.3 million.
Web.com Group, Inc. (NASDAQ:WWWW) shares edged up $2.49 (19.36%) to close at $15.35 after the company said that it lost $29.7 million or 65 cents per share on revenue of $91.5 million in its first quarter, compared to a year ago loss of $5.7 million, or 21 cents on revenue of $39.4 million. Moreover, the stock made a 52-week high of $19.43 earlier in the session.
ReachLocal Inc. (NASDAQ:RLOC) added $1.30 (17.26%) to finish at $8.83 as the company reported a better-than-estimated first quarter earnings. The company reported a net loss of 1 million or 3 cents, down from a year ago loss of $2.67 million or 9 cents a share, ahead of analysts' forecast of a loss of 6 cents a share. Revenue during the quarter grew to 24% to $104 million, from $84 million a year ago.
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Wednesday, May 02, 2012

Gold and Mining Stocks News Alert: Barrick Gold (NYSE:ABX) (TSX:ABX) Announces 33% Dividend Increase

All figures in US dollars
TORONTO, ONTARIO - May 2, 2012 (Investorideas.com Mining stocks newswire) Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) today announced that, consistent with its practice of paying a progressive dividend, the Board of Directors has authorized a quarterly dividend of US20 cents per share, which represents a 33% increase from the previous dividend.
Barrick's strong earnings and operating cash flows, combined with its positive outlook on the gold price, enables the Company to continue to make high return investments in its project pipeline and also increase its dividend. Over the last six years, Barrick has had a consistent track record of progressively returning more capital to shareholders, increasing its dividend by more than 260%(1) on a quarterly basis(2).
The quarterly dividend is payable on June 15, 2012 to shareholders of record at the close of business on May 31, 2012.
Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information contained in this press release, including any information as to our strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Barrick to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: changes in the worldwide price of gold, copper or certain other commodities (such as silver, fuel and electricity); operating or technical difficulties in connection with mining or development activities; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; and changes in costs and estimates associated with our projects. Certain of these factors are discussed in greater detail in the Company's most recent Form 40-F/Annual Information Form on file with the U.S. Securities and Exchange Commission and Canadian provincial securities regulatory authorities.
The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
(1) Calculated based on converting the 2006 semi-annual dividend of US11 cents per share to a quarterly equivalent.
(2) The declaration and payment of dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash requirements, future prospects and other factors deemed relevant by the Board.
Contact Information
INVESTOR CONTACT: Greg Panagos
Senior Vice President
Investor Relations and Communications
(416) 309-2943
gpanagos@barrick.com

TSX Stocks to Watch; Tuesday's Top Gainers: (TSX: HS), (TSX: CHH), (TSX: AAV), (TSX:ML)

New York, NY - May 2, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for May 01, 2012. The Standard & Poor's/ TSX Composite Index gained 40.10 (0.33%) to close at 12,332.79.
HSE Integrated Ltd. (TSX:HSL) soared $0.63 (55.75%) to close at C$1.76 on news it will be acquired by DXP Enterprises Inc. for C$1.80 a share, or about C$84 million. The stock made a new 52-week high of $1.78.
Centric Health Corporation (TSX:CHH) extended its uptrend gaining $0.20 (22.22%) to close at C$1.10 on 347K shares, compared to its average volume of 221K shares. without any official news. The stock has jumped over 35% over the past week.
Advantage Oil & Gas Ltd. (TSX:AAV) shares climbed up$0.32 (10.32%) to end at C$3.42 on above average volume of 1.40 million shares, compared to its 30-day average volume of 601K shares. The company reached an agreement with Longview Oil Corp. (TSX:LNV) to sell 8.30 million shares of Longview owned by Advantage to a syndicate of underwriters led by RBC Capital Markets and FirstEnergy Capital Corporation at a price of $9.00 per share .
Mercator Minerals, Ltd. (TSX:ML) moved up$0.12 (10.08%) to close at C$1.31 with more than 1.76 million shares trading , compared to its average volume of 1.22 million shares. 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.
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Tuesday's NASDAQ Top Gainers: CEBK, PLXT, NUVA, CAR

New York, NY - May 2, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday, May 01. The Nasdaq Composite rose 4.08 (0.13%) to close at 3,050.44.
Central Bancorp, Inc. (NASDAQ:CEBK) soared $12.60 (69.81%) to close at $30.65 after the company agreed to be acquired by Independent Bank Corp. for $54.8 million in cash. Independent Bank has agreed to exchange its shares for 60% of Central Bancorp's shares, and the balance is payable in cash at $32 per share.
PLX Technology, Inc. (NASDAQ:PLXT) shares increased by $2.68 (67.34%) to close at $6.66 after Integrated Device Technology, Inc. agreed to buy the company for approximately $330 million or $7 per share in cash. In the acquisition, PLX stockholders will receive $3.50 in cash and 0.525 shares of IDT common stock for each PLX common share outstanding.
NuVasive, Inc. (NASDAQ:NUVA) added $3.82 (23.05%) to end at $20.39 after the company said that it earned $673 thousand, or $0.02 per share on revenue of $151.7 million in its first quarter, compared to a year ago revenue of $124.5 million . The company projects to earn 93 cents a share on an adjusted basis on revenue of $615 million, shy of analyst' estimates of 94 cents a share on revenue of $616 million.
Avis Budget Group Inc. (NASDAQ:CAR) climbed $2.51 (19.07%) to close at $15.67 as the company projected a better-than-estimated full-year profit. The company now estimates to earn $2.35 to $2.65 a share, on revenue of $7.3 billion to $7.6 billion, well above analysts' estimates of $1.59 on revenue of $7.42 billion. For the first quarter, the company estimated revenue of $1.6 billion, compared with the $1.59 billion projection from Wall Street.
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Tuesday, May 01, 2012

Imperial Sugar (NASDAQ:IPSU) Gains over 50% on Acquisition News: Sweet!

New York, NY - May 1, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, issues a trading alert for this morning’s top percentage gainer on the NASDAQ.com, Imperial Sugar Co. (NasdaqGS: IPSU), trading at $6.37, up 2.32 (57.28%) 11:26AM EDT on over 4.7 Million shares.
Imperial Sugar Company (NASDAQ: IPSU) and Louis Dreyfus Commodities LLC today announced a definitive agreement under which a subsidiary of Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash tender offer and second step merger at $6.35 per share. The $6.35 per share represents a 57% premium to Imperial Sugar’s closing stock price on April 30, 2012, the last trading day prior to today’s announcement, and a 50% premium to Imperial Sugar’s trailing 30-day volume weighted average stock price.
The news was followed by the usual responses from legal firms announcing their intention to investigate the acquisition.
Investorideas.com Newswire
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Monday's TSX Top Percentage Gainers: (TSX: SPM), (TSX: LVN), (TSX: TPL), (TSX:PVG)

New York, NY - May 1, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 30, 2012. The Standard & Poor's/TSX Composite Index closed up 54.94 (0.45%) at 12,292.69.
Scorpio Mining Corporation (TSX:SPM) shares climbed up 0.15 (16.67%) to close at C$1.05 on 807K shares. The company announced the final results from the recently completed 4,068 meter Phase I drill program at its 100% owned La Revancha Project, Chihuahua State, Mexico.
Levon Resources Ltd. (TSX:LVN) continued to move higher and rose another 0.100 (17.86%) to close at C$0.66 on 623K shares, compared to its average volume of 322K shares. without any official news. The stock has jumped over 45% over the past one week. Levon Resources Ltd. is a natural resource company, primarily engaged in the acquisition, exploration and development of natural resource properties.
TETHYS PETROLEUM LIMITED (TSX:TPL) shares added 0.080 (10.00%) to close at C$0.88 on above average volume of 904K shares, compared to its 30-day average volume of 234K shares. The company recently appointed FirstEnergy Capital LLP ("FirstEnergy") and Seymour Pierce Limited ("Seymour Pierce") as new corporate brokers.
Pretium Resources Inc. (TSX:PVG) edged up 1.44 (9.44%) to close at C$16.69. late Monday, the company issued a technical report for Brucejack's high-grade mineral resource estimate. Pretium Resources Inc. is an exploration and development company. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas.
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Monday's NASDAQ % Winners: EDS, BAMM, CPTS, GPRO

New York, NY - May 1, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday, April 30. The Nasdaq Composite fell 22.84 (-0.74%) to close at 3,046.36.
Exceed Co Ltd. (NASDAQ:EDS) soared $1.56 (74.89%) to $3.65 after the company said that it earned $79.2 million on revenue of $522.5 million in its full year 2011, compared to analysts estimate of $495.5 million in revenue.
Books-A-Million, Inc. (NASDAQ:BAMM) moved up $0.64 (25.10%) to close at $3.19 on news the company agreed to be acquired by Clyde B. Anderson for approximately $48.8 million or $3.05 per share in cash, representing a premium of approximately 20% over the closing price on April 27, 2012, and 13% over the average closing price of the Company's common stock for the past 90 trading days.
Conceptus, Inc. (NASDAQ:CPTS) rose $3.59 (23.65%) to $18.77 and made a new 52-week high of $20.20 after the company posted above estimate first quarter earnings. Net income came at 9 cents a share on revenue of $29.0 million, ahead of analysts' estimate of $28 million. The company boosted its full year outlook and now expects to revenue to be in the range of $135-$139.
Gen-Probe Incorporated (NASDAQ:GPRO) shares added $12.84 (18.68%) to close at a$81.55 as Medical device maker Hologic Inc agreed to acquire the company for $3.75 billion or $82.75 a share in cash. Hologic would finance the deal with a combination of cash and debt.
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