COATS (over-the-counter) Thunderhead return

Thunderhead Gold Mines, a company that ceased trading in 1983, has since been revived and is actively trading again for the week ended March 20. Thunderhead shares jumped 10 cents to close at $1.15 on a volume of 124,450. Despite the proposal for $1- million exploration program on Anglo Swiss Mining’s Ladner Creek gold mine in British Columbia, the company’s shares slipped 4 cents this week to close at 51 cents on 65,000 shares. Anglo Swiss hopes to increase production potential on the property by drilling several thousand feet on an established gold zone.

Registry Resources, formerly Tanager Resources, traded 66,500 shares this week, remaining unchanged at $1.45. The company has recently acquired a 100% interest in two gold properties in the Opapimiskan Lake area of northwestern Ontario.

Also remaining unchanged at 50 cents on 500 shares was Laverty Red Lake Resources. Encouraging results from a humus sampling survey on Laverty’s claim group near Red lake, Ont., have prompted the company to drill five holes on anomalous gold zones outlined by the sampling.

Mount Pleasant Resources, which plans to purchase up to 50,000 of its own shares on the open market, was 45 cents bid and 60 cents ask. This share purchase plan terminates in March next year.

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