COATS (over-the-counter) (June 05, 1989)

If the deal is accepted by regulatory authorities, Atlantic’s coffers will be $14 million richer, but it will be property-poor. Atlantic traded in a range of 73-70 cents on 132,300 shares.

Gold Bar Resources traded 40,800 shares in a range between 80 cents and $1.00. Gold Bar is in a joint venture agreement with Timmins Nickel to explore a copper-nickel property in the Porcupine district of Ontario.

Volume leader for the week was Teco Mines with 450,000 shares traded at 2 cents per share. The issue was worth 8 cents per share last week.

McNickel Inc. traded in a range of $3.40-3.65 on nearly 19,000 shares. McNickel awaits results from this spring’s drilling program on its claims near Lac St. Jean, Que.

Regal Goldfields is another player in the region and had 35,500 shares change hands. The high was $1.30; the low $1.00.

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