COATS Trading Features (January 11, 1988)

An amalgamation between Golden Cresent Explorations and Candore Explorations has been completed. The new company goes under the name of the former. Golden Cresent was 75 cents -$1 bid-ask this week.

Mount Wright Iron Mines, an affiliate of Lac Minerals was modestly stronger this week, trading more than 24,000 shares. A Spanish court has ruled in Mount Wright’s favour concerning a dispute with Cominco over a 1% net smelter royalty claimed by Wright on a lead-zinc mine in Spain. The issue was quiet at 35 cents .

Card Lake Resources was also steady at 55 cents . The company is looking to start a drill program on a gold prospect in German Twp., Ont., this winter. Findore, which is busy with several projects in the Harker- Holloway area near Matheson, Ont., was better at 40 cents on 5,000 shares.


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