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Thursday, May 10, 2012

TSX Stocks to Watch; Tuesday's Top Gainers: TSX: FVL, TSX: JAG, TSX: MAY, TSX: ORE

New York, NY - May 10, 2012 -, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for May 09, 2012. The Standard & Poor's/TSX Composite Index was down 29.73 (-0.25%) at close at 11,675.01.

Freegold Ventures Limited (TSX:FVL) added 0.160 (28.57%) to close at C$0.72 after the company announced the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska. Drilling at Golden Summit was conducted with two rigs from mid-January through mid-April and has been primarily focused in the Dolphin and Cleary Hill Areas.
Jaguar Mining Inc. (TSX: JAG) rose 0.26 (18.31%) to end at C$1.68 on above average volume. The company recently announced that the Special Committee of the Company's Board of Directors has concluded its strategic review process respecting the possible change of control of Jaguar. Despite the Committee's extensive efforts, this process has not resulted in an agreed change of control transaction.
Meadow Bay Gold Corp (TSX: MAY) climbed 0.100 (13.70%) to close at C$0.83 on 150K shares. Meadow Bay Gold Corporation (Meadow Bay Gold), formerly Meadow Bay Capital Corporation, is a mining and exploration company engaged in developing Atlanta Gold and Silver in Nevada, the United States.
Orezone Gold Corp (TSX: ORE) edged up 0.13 (9.22%) to close at C$1.54. Orezone Gold Corporation (Orezone) is an exploration-stage company. Orezone is engaged in the acquisition, exploration and development of gold projects in Burkina Faso and uranium projects in Niger
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