IOCC GOLD OPTIONS (May 07, 1990)
Options Open Series Volume Last Interest May 380 C 25 2.50 1,448 May 390 C 38 0.80 1,122 Aug 380 C 30 12.00 149 Aug 390 C 114 8.50 579 Aug 420 C 25 2.75 941 Aug 450 C 41 0.70 1,697 Nov 400 C 105 13.00…
News
Aur, Louvem drop as latest drilling returns low values
Pressure to satisfy the market’s desire to know how drilling is progressing at the Louvicourt Twp. massive sulphide project is taking its toll on the share prices of Aur Resources (TSE) and Societe Mi…
Editorial Shaking investors’ confidence
Mineral exploration across Canada is suffering through a gloomy time, but in Ontario explorationists could find it even more difficult to continue their efforts as a result of the recent debacle at th…
Cominco to continue work on Estella
After identifying high base metal values during soil sampling in 1989, Cominco (TSE) plans further work on the Estella property near Kimberley, B.C., in 1990. The work will include geophysical surveyi…
Toronto Stock Exchange Indices (May 07, 1990)
May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 HIGH LOW Composite “300” 3334.13 3340.91 3336.08 3369.48 3343.17 4009.47 3334.13 Metals & Minerals 2880.00 2907.54 2899.28 2949.39 2888.84 3453.05 2850.84 Integra…
Ming’s Bight drilling put on hold by Corona
Using two machines, Corona (TSE), as operator, has now completed some 20,000 ft. of diamond drilling in 45 holes on the 7,000- acre Ming’s Bight gold property in the Baie Verte area of Newfoundland. C…
U.S.Report Lower sales, stock dilution cut Battle Mountain’s
A reduction in gold sales volumes and dilution from recent stock and debenture offerings were among the factors that combined to cut Battle Mountain Gold’s (TSE) first- quarter earnings. Battle Mounta…
Adrain shareholders to vote on fate of SKI property
Shareholders of Adrian Resources (VSE) will be meeting June 27 to vote on a special resolution to option the company’s SKI project north of Stewart, B.C., to Prime Resources Group (VSE) and Stikine Re…
Gold for $88 an oz. at David Bell mine
Low production costs of $88 per oz. at the David Bell mine and $198 at the Williams mine, both in the Hemlo camp of northern Ontario, helped Teck (TSE) maintain first-quarter earnings of more than $20…
Kenora Gold deal
Toronto-based Kenora Gold Occurrences (ASE) has signed a memorandum of agreement to acquire a 49% interest in the 2-claim MWF gold prospect in Matheson Twp., Ont. The deal was made recently with prosp…
Oversupply continues to dampen revenues for Canada Tungsten
High volumes of exports from Chinese tungsten producers are continuing to depress tungsten prices, keeping Canada Tungsten’s (TSE) earnings on a downward spiral. The company suffered a net loss of $2 …
U.S.Report FMC seeking to buy 100% interest in Meridian Gold
Chicago- based FMC Gold (NYSE) has moved to acquire 100% of Meridian Gold, a unit of Burlington Resources which controls the Royal Mountain King gold mine in California and the advanced Beartrack gold…