TSE Short Positions (November 21, 1988)
Semi-monthly report as of Oct 31 showed 26,749,239 shares of 615 issues compared with 25,740,158 shares of 592 issues on Oct 15. Larger individual positions include: Amca Int’l 148,700; Amer Barrick 9…
1988
Louvem financing
The issue of rights to its holders of common shares for the sub- scription of flow-through shares amounting to $1.3 million will not proceed, Louvem Mines (TSE) reports. Instead, the company has accep…
Obituary (November 21, 1988)
George Goldak, president of Golden Marlin Resources, died suddenly in a recent accident in Saskatoon. He was 51. Born in Prince Albert, Sask., on Dec 12, 1936, Dr Goldak attended the University of Sas…
Equinox to earn interest in massive sulphide project
An extensive metallurgical and underground evaluation program initiated by Equinox Resources (TSE) is now in progress on a polymetallic massive sulphide arsenical gold deposit located 32 km north of R…
Golconda Res. trades heavily before testing Morning Glory
An announcement that Golconda Resources (ASE) is about to start drilling on the Morning Glory gold property in Idaho sparked a high degree of interest in the Calgary company recently. In a day of heav…
Interest in Mountain West tied to Goldfields find?
Mountain West Resources (VSE) has received several unsolicited expressions of interest about its Elkhorn property in Nevada since Homestake Mining dropped its option earlier this year. Funded by Homes…
Montreal Exchange Amer. Reserve bid
Announcment of a takeover bid of its partner in the Paymaster project at Timmins, Ont., helped American Reserve Mining gain 38 this week. American, which closed at $2.10 on a volume of 109,700, has bi…
Manson Creek private placement
A private placement agreement has been signed between Manson Creek Resources (VSE) and Golden Rule (TSE) where Golden Rule will purchase up to one million units of Manson Creek at a price of 40 per un…
Mispec Res. on ME
Recently listed for trading on the Montreal Exchange was Mispec Resources (symbol MPE) of Saint John, N.B. Mispec, incorporated in 1986, owns mining rights to three New Brunswick properties: in the Ca…
Improved Earnings For Equity Silver
Increased sales volumes brought about by higher production of silver, gold and copper, and sales from opening concentrate inventory helped boost earnings for Equity Silver Mines (TSE). The company’s m…
United Pacific Gold completes Phase II at Golden Zone
Preliminary assay results from a recent surface drill program on the Golden Zone project in south-central Alaska were released by operator, United Pacific Gold (VSE), a semi-independent exploration su…
Cannon Mine Boosts Breakwater’s Earnings
Forward sales and higher grades of ore processed at the Cannon mine contributed to a substantial increase in net earnings for Breakwater Resources (TSE) for the nine months ended Sept 30. The company …