COATS Trading Features (October 24, 1988)
Atlantic Goldfields announced a share buy-back plan this week. It intends to buy back certain of its issued shares through open market purchases starting Oct 24. The maximum number of common shares to…
News
Vancouver Stock Exchange Market ignores `black’ anniversary
The anniversary of “Black Monday” (Oct 19/87) came and went without too much fuss in Vancouver, and appeared to have no significant effect either way on trading patterns which have been stuck in a sid…
INSIDER TRADES (October 24, 1988)
Anglo Canadian Mg — R. Stokes bought 23,000 (Aug-Sept) to hold 572,401. First Canadian Gold — J. Gill bought 400,000 (private) to hold 1,441,413. Mahogany — Goldsil Res bought 48,700, sold 83,500 (…
Drill program for Nickel Plate mine
Golden North Resource Corp. (TSE), owned 42% by Corona Corp (TSE), appears to be spending substantial money in an effort to find new gold deposits in the area of Corona’s Nickel Plate mine near Hedley…
Editorial Buying shareholders’ votes
Consider an investor of modest means who holds 100 shares of Inco. How do you think that investor will vote when the company’s board of directors ask his approval to implement a “shareholders’ rights …
Opening new gold mines mean greater costs
Opening new gold mines will almost always take longer than expected and, because more time means greater cost, companies planning to start new mines should be prepared for those costs says Canamax Res…
Mixed Results From Toodoggone Drilling
Results of a recent drill program on the Chappelle project in the Toodoggone area of British Columbia has led Multinational Resources (VSE) to the conclusion that economic grades are restricted to bel…
Hall of Fame dinner postponed
The Canadian Mining Hall of Fame inaugural dinner has been postponed to Jan 9, 1989. The dinner, where the first inductees into the Hall of Fame will be announced, was to have been held on Nov. 21, 19…
Anglo Dominion Gold has first half loss
Toronto-based Anglo Dominion Gold (TSE) continues to suffer from the market malaise which is currently hampering the fund raising efforts of many Canadian junior exploration companies. The company rep…
Aurogin, Duration pleased with Batchwana exploration
Grab samples from six areas within Aurogin Resources (VSE) Batchawana property have returned gold assays ranging from 0.2 to 0.4 oz per ton. The large 495-claim property is shared by Aurogin and Durat…
Coxheath’s tests show Tangier can operate profitably
A production decision has not been made yet, but the economic viability of mining gold from Nova Scotia’s narrow-vein, Meguma- hosted deposits is no longer in doubt. Coxheath Gold Holdings (TSE) of Be…
Montreal Exchange A year’s difference
There was little celebration one year ago today when stock markets around the globe collapsed. Not that it was the end of the world; on the contrary, investment life went on, albeit at a somewhat slow…