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Some stocks showing exceptional market activity today include:
Santo Mining (SANP) is up $0.07 or 9.1%, trading at $0.85 on volume of well over 500,000 shares. Today's action shows tremendous strength on the heels of intense short covering and new investor claims. This move follows exciting news which hit this morning that Santo Mining is receiving strong media attention. Complete news can be read at http://finance.yahoo.com/news/santo-mining-corp-receives-strong-132948574.html.
Santo Mining is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploration of precious metals properties, and has secured 6 claims strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area. A detailed description of the Company's activities is available at SantoMining.com.
Freeport-McMoRan Copper & Gold Inc. (FCX) is unchanged on the day trading at $38.99 with over 2 Million shares exchanging hands. Average daily volume (3 months) is just under 16 Million shares per day. Today's action comes on the heels of a retracement move by Gold and Silver as the US Dollar strengthens. Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, such as rhenium and magnetite. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci minerals district in North America; South America; and Tenke Fungurume minerals district in the Democratic Republic of Congo.
Titan Iron Ore Corp. (TFER) is up $0.08 or 8% trading at $1.01 this morning with over 2 million shares trading hands. TFER has already traded over 7x its Average Daily Volume. Titan Iron Ore Corp. engages in the acquisition and exploration of mineral properties. The company holds a 100% interests in the Wyoming Iron Complex, an iron ore mineral property located in Albany County, Wyoming. It also has an option to acquire a 100% interest in 144 mining claims located in the Labrador trough area in the province of Quebec, Canada.
TagLikeMe Corp. (TAGG) is up fractionally or 2.53% trading at $0.19 with over 10 million shares traded. TAGG has had a steady supply of news updating on their social search and share. TagLikeMe Corp., through its subsidiary, Glob Media Works Inc., provides Internet cloud based software application related to online search and social media. The company's primary business is a social search destination, Taglike.me or Taglikeme.com, which is an Internet services platform that allows individuals to search the Internet by using search engines of Bing and Google; and in viewing related activities from social media-based sites, such as Facebook, YouTube, Twitter, and Wikipedia with regard to their search inquiry.
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