COATS (over-the-counter) Dayton gains 80 cents
Dayton Porupine Gold Mines was up sharply by 80 cents this week with trading in the $1.95-$2.15 range. There is talk of a possible Dayton underwriting at the $3 level. The junior company, controlled b…
News
Rogi options Aur property
Recently reaching agreement with Aur Resources (TSE) to earn up to a 45% interest in Aur’s 9-claim Lourmet property in Louvicourt Twp. near Val d’Or, Que., was Exploration Rogi (ME). The copper-zinc-s…
IOCC GOLD OPTIONS Options Open Series Volume Last Interest Aug 370
22.50 ** Nov 360 P 307 4.501,241 ** The New York closing gold price was $366.75 per oz. Last quotations for IOCC gold options traded in Amsterdam, Montreal, Vancouver and Sydney …
Junior Golden Crescent strikes survival’ deal with Placer Dome
Market conditions the past year or so have been tough on junior- mining companies. Some have continued to struggle on their own while others have teamed up with seniors to try to ensure their survival…
Alberta Stock Exchange Pezim company moves
As indicated by the trading pattern this week of International Viking Resources, investors have already noted the connection between the Vancouver-based company and the big gold discovery in British C…
Metal prices rebound after lengthy slide
Sliding metal and mineral prices in July helped bring the all-commodity index of Scotiabank down by 0.3% from the previous month. Oil prices were also lower that month, offsetting gains in forest prod…
Falconbridge board backing Noranda-Trelleborg offer
The board of directors of Falconbridge Ltd. (TSE) is recommending to shareholders they accept the $37-per-share takeover offer of Noranda Inc. (TSE) and Trelleborg AB of Sweden. The directors previous…
McNickel drilling confirms surface find
First results from drilling on McNickel Inc.’s (COATS) copper- nickel deposit in Quebec include 18 ft in hole No 5 averaging 0.73% nickel and 0.25% copper. That section came within a broader interval …
Aur calls bailiff to seize shares pending lawsuit
A cloak and dagger style raid on St. Genevieve Resources’ (TSE) Montreal offices is the latest event in a continuing dispute between St. Genevieve and Toronto-based Aur Resources (TSE). On Aug 23, bai…
Goldcorp buys Wharf shares
Goldcorp Investments, a Toronto-based gold fund, reports acquisition of 219,900 shares of Wharf Resources (TSE), a company which operates a heap-leach mine in South Dakota. Major shareholder of Wharf …
Eskay Creek area comes alive
Although much of the credit has to go to Murray Pezim and hole 109, a full- fledged outbreak of gold fever has set the stage for a new wave of exploration into northwestern British Columbia’s gold cam…
Kewagama funding (September 04, 1989)
Kewagama Gold Mines (Quebec) (ME) has entered into a subscription agreement with a private company, 2161-6925 Quebec Inc., whereby the latter will subscribe to 200,000 common shares of Kewagama at 75 …