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Thursday, May 3, 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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