Alberta Stock Exchange Holiday muffles activity
The holiday season took the steam out of the Alberta Stock Exchange this week as few issues showed any major gains. Golden Star Resources gave up some ground to $2.70 following a period of gains which…
News
Control of Interstrat passing to U.S. firm
Control of Interstrat Resources will pass to a private Texas-based company pending the completion of a deal between Interstrat and Frontier International. The deal involves a share exchange of both co…
Annual Cordilleran
The Fourth Annual Cordilleran Roundup will be held at the Hotel Vancouver over a 3-day period beginning Jan 26, 1987. It will include reviews of field work carried out by provincial and federal agenci…
Editorial Scratch CIDA, save $2 billion
It seems that one hand of government does not know what the other is doing. Finance Minister Michael Wilson has told his provincial counterparts that the federal government is under severe pressure to…
A seasonal move upward could greet gold in ’87
A tendency for gold prices to hit a seasonal peak early in a new year could be repeated in 1987, says Paul Roberts, a mines and metals analyst with Andras Research Capital. He is not alone. The tradit…
Calpine plans work on Sask. property
Calpine Resources says it will carry out detailed electromagnetic and magnetic surveys on its Eisler Lake, Sask. property this month. The work will cover the DD and George’s Lake auriferous zones deli…
Books (January 05, 1987)
Mining Latin America — Mineria Latinoamericana Conference papers presented and held in Santiago, Chile, Nov 17-19, 1986. ISBN 0 900488 92 1, Institution of Mining and Metallurgy, North American Publi…
MSV Resources completes financing
MSV Resources and MSV Partnership 1986 and Co., have completed the 1986 financing for two of their three properties. The $2.2 million obtained to date will permit MSV to earn interests of 10% in Place…
Letters to the Editor Don’t kill the golden goose
The following letter has been sent to Finance Minister Michael Wilson at Ottawa. Dear Mr Wilson: There have been rumors in the press that your government is considering cancelling flow-through financi…
From floundering to fun, every company name tells a story
“At first we floundered around a bit,” confides the mining executive. A harebrained financing scheme that never stood a chance? A bungled start-up with nothing but one headache after another? A down-i…
Tax Angles Flow-through must be retained
In a recent address to the Canadian Tax Foundation, the minister of finance, Michael Wilson, alluded to a proposed general curtailment of tax preferences that enable some high income earners to reduce…
Petromet in deal on N.S. gold bets
Under a memorandum of agreement, Petromet Resources and Greenstrike Gold Corp. will spend $300,000 each by the end of February this year on the Nova Scotia mining properties of Onitap Resources. Locat…