TSE Short Positions (January 19, 1987)
The semi-monthly report as of Dec 31 showed 12,476,508 shares of 642 issues compared with 15,239,477 shares of 626 issues on Dec 15. Larger individual positions included: Amer. Barrick 30,900; Bow Va…
1987
Chesbar Murgold ramp to be completed by month end
An exploration ramp being put down by operator Chesbar Resources on Murgold Resources’ Chester Twp. property about 70 miles southwest of Timmins, Ont., has reached 1,082 ft and is expected to reach it…
Editorial Still another bad move out of Ottawa
It’s simply incredible how our federal government can throw around money in this period of so-called restraint — money it does not have, just piling debt on top of debt. Only a week or so ago we ques…
Montreal Exchange Radisson rallies
A drill hole on Radisson Mining Ressources’ Douay Twp property in northwestern Quebec’s Casa Berardi area reversed a decline in the new issue that saw its stock price fall to as low as 30 cents . This…
VSE breaks records in volume, value
Like the Toronto Stock Exchange, (N.M., Jan 12/87), the Vancouver Stock Exchange broke records in 1986. Volume traded at 3.5 billion shares, establishing a new high surpassing by 12.9% the previous re…
Letters to the Editor Minicipalieies back flwo-through
The following letter has been sent to Finance Minister Michael Wilson at Ottawa. I would like to take this opportunity to convey to you some of the very strong feelings that many of our member municip…
Agnico-Eagle basks in bright ore position
While there will be no output from Agnico-Eagle Mines’ silver division here until its new $2.5-million mill is ready, which now looks like mid-year, there has been absolutely no letup in exploration o…
Stabell and Acquisitor underground at Val d’Or LD
Work is under way on rehabilitating the No 2 shaft at Stabell Resources’ Dubuisson Twp. gold property near Val d’Or, Que. The work, which is being done with Acquisitor Mines which has an option to ear…
Falco Copper slates work on Achates bet
A program of geophysics, overburden drilling and 3,700 ft of diamond drilling is slated this year for Achates Resources’ 97-claim gold bet in Brongniart Twp. in the Chibougamau area of Quebec. Here Ac…
Budget fears fuel frenzy for flow-through shares
“A feeding frenzy” is about the only way to describe it, William F. White, senior vice-president of corporate finance at Merrill Lynch Canada says of the public’s rush for the new issue of flow-throug…
D’Or Val cuts new vein on Beacon gold property LD
A 20 ft section of gold quartz mineralization has been pulled by D’Or Val Mines in the Discovery vein at its Beacon mine just east of Val d’Or, Que. The vein material in this diamond drill hole, No. 1…
United Keno funding
United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …