U.S. MARKETS (October 25, 2010)

U.S. equity markets were largely unruffled during the Oct. 11-15 trading week with the Dow Jones industrial average advancing 56.3 points or 0.5% to finish at 11,062.78 and the S&P 500 index edging up 11.04 points or 0.95% to close at 1,176.19. Twenty-one companies reached new 52-week share price highs.

News on Oct. 15 that China’s state-owned chemical giant Sinochem will not launch a counterbid for Potash Corp. of Saskatchewan seemed to drive up the share prices of both Agrium and Mosaic. The former topped the list of value gains rising US$5.97 to US$87.05 per share, while Mosaic took fourth-spot with an increase of US$2.78 to US$68.39. Potash Corp. closed the week down US79¢ at US$144.91.

Gold companies continued to prosper with the New York spot price for gold climbing from its New York close of US$1,353.90 per oz. on Oct. 11 to US$1,368.90 on Oct. 15, an advance of 1.12%. The Philadelphia Gold and Silver index increased 1.24 points or 0.61% to 206.06. Freeport and Buenaventura claimed the second and third spots on the list of companies with the biggest dollar gains, on no news. Freeport jumped US$2.84 to US$98.05 and Buenaventura was not far behind with a gain of US$2.82 to US$51.14. Barrick Gold, by contrast, lost US58¢ per share to close at US$47.99. The Toronto-headquartered gold major announced on Oct. 12 that it had been named as a “carbon disclosure leader” in an annual global survey by the Carbon Disclosure Project. Barrick was one of 14 Canadian companies identified from among 200 major TSX-listed companies as the “most prepared, involved and transparent in their initiatives to address climate change.” The Carbon Disclosure Project is a global climate change reporting system that asks companies to disclose their greenhouse gas emissions and climate change strategies.

Yanzhou Coal gained US$1.68 to US$28.66 per share on estimates that its net profit for the first nine months of the year will jump by 100% year-on-year. In a filing to the Hong Kong Stock Exchange, the Chinese coal mining group estimated its net profits will go up due to a stronger Australian dollar.

U.S. most active issues
	VOLUME	WEEK
	(000s) HIGH	LOW	CLOSE	CHANGE
Alcoa* AA	160406 13.49	12.77	13.13	+ 0.24
Freeport McMo* FCX	61246 100.34	92.91	98.05	+ 2.84
Silverado* SLGLF	50442 0.01	0.01	0.01	0.00
Hecla Mining* HL	47941 7.19	6.52	6.99	+ 0.31
Barrick Gold* ABX	44548 49.66	47.54	47.99	-0.58
Taseko Mines* TGB	43326 7.23	4.58	6.76	+ 0.60
Newmont Mng* NEM	37381 63.62	61.10	61.88	-1.01
Kinross Gold* KGC	35551 19.90	18.72	19.02	+ 0.02
Silver Wheatn* SLW	31798 28.39	25.95	27.70	+ 1.07
Goldcorp* GG	31226 45.59	43.03	44.45	+ 0.42

U.S. greatest percentage change
		VOLUME		WEEK
		(000s)	HIGH	LOW	CLOSE	CHANGE
Geocom Res*	GOCM	46	0.02	0.02	0.02	+ 100.0
Shoshone Silv*	SHSH	846	0.25	0.12	0.22	+ 69.2
Constittn Mng*	CMIN	5335	0.43	0.29	0.39	+ 50.0
Bullion Monar*	BULM	2239	2.00	1.05	1.15	+ 40.2
Lake Vict Mng*	LVCA	1235	0.39	0.30	0.39	+ 30.0
Ur-Energy*	URG	289	1.28	1.00	1.25	+ 27.5
Samex Mng*	SMXMF	629	0.48	0.33	0.44	+ 25.7
Geovic Mng*	GVCM	1313	0.98	0.73	0.95	+ 25.0
China Shen Zh*	SHZ	157	1.63	1.21	1.42	+ 23.4
Linux Gold*	LNXGF	84	0.06	0.05	0.06	+ 20.0
Commerce Grp*	CGCO	11	0.04	0.03	0.03	-25.0
Patriot Gold*	PGOL	13	0.22	0.18	0.18	-18.1
Fischer-W Gld*	FWGO	82	0.05	0.03	0.05	-16.6
Tara Gold*	TRGD	66	0.40	0.35	0.36	-16.2
PolyMet Mng*	PLM	8572	2.24	1.62	1.71	-12.7
America West*	AWSR	268	0.09	0.08	0.08	-11.1
PlatinumGpM*	PLG	80	2.21	1.94	1.95	-9.3
Habanero Res*	HBNRF	94	0.11	0.10	0.10	-9.0
Global Gold*	GBGD	193	0.13	0.10	0.10	-9.0
Rubicon Mnls*	RBY	5165	4.22	3.75	3.76	-8.7

U.S. greatest value change
WEEK
	VOLUME	CLOSE	CHANGE
Agrium* AGU	2224675	87.05	+ 5.97
Freeport McMo* FCX	61246496	98.05	+ 2.84
Buenaventura* BVN	5470432	51.14	+ 2.82
Mosaic* MOS	26767260	68.39	+ 2.78
Silver Std Re* SSRI	6692514	24.27	+ 2.28
AlumCpChina* ACH	679270	26.65	+ 1.86
Soc Quim&M Ch* SQM	2986126	51.00	+ 1.86
Yanzhou Coal* YZC	1362272	28.66	+ 1.68
Natural Rs Pt* NRP	250013	28.66	+ 1.66
Alpha Nat Res* ANR	10624441	46.67	+ 1.62
Cliffs Nat Rs* CLF	18327843	67.54	-1.64
Compass Mnls* CMP	432146	78.17	-1.57
Alliance Rs P* ARLP	487133	60.47	-1.51
Allied Nevada* ANV	997103	25.52	-1.04
Newmont Mng* NEM	37380784	61.88	-1.01
Potash C Sask* POT	17099278	144.91	-0.79
Rio Tinto* RTP	2441985	62.17	-0.61
Cabot Corp* CBT	1213600	33.33	-0.59
Barrick Gold* ABX	44547534	47.99	-0.58
Westmoreland* WLB	87766	10.86	-0.39