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Bailey Minerals and Signature Metals top the Proactive Investor Ripper Lists today
Friday, November 12, 2010 by John Phillips

The Proactive Investors Ripper award for the biggest percentage gainer on the ASX today was Bailey Minerals (BAA) with a 52% share spike after announcing the acquisition of Colombian platinum assets, as IFS Construction Services (IFS) jumped 46%, Aurium Resources (AGU) improved 40%, with Carpathian Resources (CPN) 39% to the good and Island Sky Australia (ISK) up 36%.

The biggest Dipper, or percentage faller on the day, was General Mining Corporation (GMM) which eased 24% after announcing shallow structural drilling was completed in Mongolia, followed by ASF Group (AFA) which was 23% weaker, as Medigard (MGZ) dropped 22%, with Richfield International (RIS) easing 20% with Raisama down 15%.

Topping the most actively traded stock on the ASX was Signature Metals (SBL) with 94 million shares traded, as investor interest remained strong after the increased JORC gold resource earlier in the week, with Padbury Mining (PDY) 73 million, Sirius Resources (SIR) 66 million, Telstra (TLS) 54 million and Sundance Resources (SDL) 46 million.

http://www.proactiveinvestors.com.au/companies/news/11680/bailey-minerals-and-signature-metals-top-the-proactive-investor-ripper-lists-today-11680.html