IOCC GOLD OPTIONS (September 17, 1990)
Options Open Series Volume Last Interest Nov. 390 C 128 12.80 779 Nov. 400 C 234 8.50 2,313 Nov. 410 C 608 6.60 2,564 Nov. 420 C 478 4.00 2,853 Nov. 430 C 650 3.30 2,187 Nov. 440 C 941 2.00 3,443 Nov….
News
CORRECTION (September 17, 1990)
An earlier story (T.N.M., Sept. 3/90) on Inco’s (TSE) purchase of a 6% stake in Explaura Holdings (COATS) used incorrect currency symbols. Inco purchased four million shares of Explaura at 40 pence pe…
Sampling resumes at Cochenour Willans
After a one month delay, Inco Gold, a unit of Inco (TSE), has resumed its underground exploration and bulk sampling program at the Cochenour Willans mine site near Red Lake, Ont. The $4.6 million prog…
PEOPLE VINTA EXPLORATIONS
David Yue appointed president and chairman; Barney Magnusson, executive vice-president and secretary; Ernest Cruz, vice-president of exploration; Bernard Stannus, vice- president of operations; Kagiti…
PEOPLE STIKINE RESOURCES
Norman Anderson, Stuart Angus, John Ivany, Gil Leathley and Peter Steen elected to the board of directors.
PEOPLE FIRSTMISS GOLD
Ernie Biltoft appointed administrative manager for the Getchell mine.
Iskut road studies begin
Detailed engineering and environmental studies for the proposed road into the resource-rich Iskut River region of northwestern British Columbia are now in progress. Earlier this year British Columbia …
Orofino takes loss over nine months
The high cost of milling the remaining ore from the Scadding property near Sudbury, Ont., has resulted in a net loss for Orofino Resources (TSE) in the nine months ended June 30. Orofino reported a lo…
GOLD FUNDS (September 17, 1990)
MVP BGR Central Capital Net value $10.73 $5.76 $0.32 Price $9.25 $5.375 $0.20 Discount 13.79% 6.7% 37.5% Value $63,887,109 $90,430,613 N/A…
U.S. REPORT Cyprus Minerals plans copper smelter expansion
Colorado- based Cyprus Minerals (NYSE) is seeking the necessary state and federal approvals to begin work on a major US$92.5 million modernization and expansion program at its copper smelter in Miami,…
Toronto Stock Exchange Investors take cover as gold falls, NDP
The newly elected NDP government in Ontario combined with Persian Gulf tensions and a falling gold price gave investors more reasons to feel nervous during the week ended Sept. 11. While developments …
Bellex, Quattro stocks tumble on drilling results
Assay results from recent drilling on the JW copper-gold prospect in the Galore Creek region of northwestern British Columbia have sent the share prices of joint venture partners, Bellex Mining (VSE) …