COATS Trading Features (February 06, 1989)

Augdome Corp. continued to see active trading on a volume of over 100,000 shares, but the issue didn’t make much headway this week, however, and remained at the 25 cents -27 cents level.

Card Lake Resources was steady at 15 cents . A diamond drilling program is scheduled to commence this month on the company’s Tumpline property located about 90 km northeast of Yellowknife, N.W.T. The property is held under option from Kelmet Resources of Calgary, and covers some 7,976 acres in the Beaulieu River greenstone belt.

Ansil Resources was better at $1.50 to $1.60. Also better were MacDonald Mines at 45 cents -50 cents , and Sheldon Larder Mines at 50 cents -55 cents . The latter compa ny retains a 25% net profits interest in a gold property being explored by Armistice Resources in the Larder Lake area of Ontario.

Chance Mining and Exploration saw a lower volume this week with 27,500 of its shares traded in the 65 cents -70 cents range. The company retains a 10% net profits interest in ground owned by Falconbridge near the Kidd Creek mine.

]]>