1. Revett Minerals Positive Court Decision

Yesterday the United States court of Appeals for the Ninth Circuit in San Francisco gave the Revett Minerals an affirmative decision relating to the Endangered Species Act appeal filed by the Rock Creek Alliance and other opposed environmental groups.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

November 17, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 16, 2011. The Standard & Poor's/TSX Composite Index ended lower by 54.91 (-0.45%) to close the day at 12,174.36, after hitting session high of 12,295.32.

Lake Shore Gold Corp. (TSX:LSG) was the most traded stock on TSX and closed with a gain of 0.11 (6.79%) to C$1.73 after the company after the gold junior announced the completion of an initial National Instrument 43-101 resource estimate for its wholly-owned Thunder Creek property near Timmins, Ontario.

Suncor Energy Inc. (TSX: SU) ended higher by 0.49 (1.52%) to C$32.75 on over 6.82 million shares, compared to its 30-day average volume of 5.75 million shares. The stock rallied as Crude oil prices climbed over 2% to close above $102 a barrel.

POINT ROBERTS - November 17, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday November 16th. NASDAQ ended lower by 46.59 (-1.73%) to 2639.61.

 Central European Distribution Corp (NASDAQ:CEDC) was the biggest percentage gainer and ended with a gains of 0.74 (24.18%) to $3.80 rebounding from its recent falls. The stock recently made a new 52-week low of $2.75.

The New Austerity and the Discovery Investing Scoreboard

There’s a new austerity creeping up on the world’s citizens this AM. It is still difficult to see but it is becoming painfully visible. This “New Austerity” is one ramification of the “New Normal” posited by Pimco’s Bill gross in 2008 i. It is mostly invisible visible today in the U.S. and Canada.Yet one country after another has been asked to bear a new austere lifestyle. These messages have not been vocalized in North America, yet. But a creeping austerity is being forced by the economic conditions here in the US and Canada.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]