TSE Short Positions (October 14, 1991)
Semi-monthly reports as of September 30, showed 21,525,116 shares of 590 issues compared with 22,743,881 shares of 607 issues on September 15. Larger individual positions included: Amax Gold 117,300, …
News
PEOPLE (October 14, 1991)
John Paterson appointed vice-president, operations and director.
LETTERS TO THE EDITOR (October 14, 1991)
After 25 years of reading your paper and being actively involved in the mining exploration industry, I think M.R. Brown’s column “Mining ranks behind native issues, clams, dragonflies” (T.N.M., Sept. …
Pacific Sentinel private placement
A recently arranged private placement of 100,000 units at $1.60 per unit brings the cash position of Pacific Sentinel Gold (VSE) to over $3 million. The units include a share plus one share purchase w…
Kaiser aims to end legal issues stalling Madeleine project
Patrick Sheridan’s much publicized bid to bring the Lac des Iles palladium-platinum project into commercial production single-handedly ended recently when he resigned as president and director of Made…
Toronto Stock Exchange (October 14, 1991)
As investors braced themselves for the fourth anniversary of the 1987 stock market crash and another round of quarterly earnings, share prices moved lower during the week ended Oct. 8. Predictions on …
Reserves up 27% at Andacollo
A 27% increase in overall minable reserves was reported by Dayton Mining (TSE) for its 100% owned Andacollo gold project in central Chile. That’s good news for Dayton, a technically oriented junior wh…
Ownership puzzle confounds efforts to develop Holloway
Companies with a stake in the Lightning gold zone east of Timmins, Ont., have gathered around the bargaining table in an effort to create a single mine property. But considering the deposit represents…
Gap zone drilling returns high grades
Stepout drilling by Westmin Resources (TSE) has returned another spectacular intersection from the Gap zone on the company’s Myra Falls mine property near Campbell River, B.C. Assays are expected shor…
Unlisted Trading (October 14, 1991)
Trouble is brewing in the boardroom of Teddy Bear Valley Mines, following recent allegations by former director Paul Zyla. Zyla, who has initiated legal proceedings against the company and Chairman Ro…
Alberta Stock Exchange (October 14, 1991)
The market reacted strongly to assays released from Takla Star Resources’ AOK property in northern British Columbia, sending the stock down 35 cents to 20 cents during the week ended Oct. 8. Takla say…
Test milling planned for Tillicum
A recent agreement between Columbia Gold Mines (VSE) and the Goldstream mine joint venture will provide for test milling and concentrating of gold reserves from Columbia’s Tillicum property near Burto…