GOLDFUNDS2 (September 03, 1990)
MVP BGR Central Capital Net value $11.17 $6.04 $0.31 Price $9.50 $5.750 $0.21 Discount 14.95% 4.8% 32.3% Value $66,511,470 $96,739,725 N/A…
News
PEOPLE HECLA MINING
Joe Coors Jr. elected to the board of directors, succeeding Norman Visnes who resigned.
PEOPLE HALASKA APPOLLO GOLD MINES
Paul Jones resigned as vice-president to resume his international consulting practice.
Decline into 21B zone on target at Eskay Creek
The underground exploration program at the Eskay Creek property owned jointly by Prime Resources Group (VSE) and Stikine Resources (VSE) is proceeding as planned, according to Prime. The primary objec…
Teck loses chance to buy Mexican mine
The Mexican government has sold the Canaea copper mine to a private Mexican/Belgium mining group for $475 million, eliminating Teck’s (TSE) chance to win a piece of the open pit operation. Teck, as pa…
INSIDER TRADING Bema shares sold prior to peaking
Results from Bema Gold’s (TSE) optioned Refugio gold property in Chile have made the Vancouver-based gold producer a star performer among smaller Canadian precious metals companies. Its share price re…
Varitech, partners drill at Lakewater
A 1,500-metre drilling program is under way on the Lakewater property of Varitech Resources (VSE), Tymar Resources (TSE) and Akiko-Lori Gold Resources (VSE) in the Eskay Creek area of northwestern Bri…
Higher oil price latest test for huge Colomac gold project
Cynics say the rising price of oil will make it uneconomic, skeptics are waiting for it to operate through an arctic winter before passing judgment. Even its critics, however, say building the Colomac…
The Ukraine attempts to recover gold cache
The Soviet republic of the Ukraine says it will attempt to recover gold deposited by a soldier in the vaults of the Bank of England 270 years ago, according to a report by the Reuters news service. Th…
Lots of talk but little action as Louvicourt partners mull new
St. Genevieve Resources (TSE) Chairman Pierre Gauthier recently fulfilled a promise to put a time limit on negotiations relating to the massive sulphide property east of Val d’Or, Que., of Aur Resourc…
Westmin progressing at the Premier project
Although still experiencing cash losses, the Premier project operated by Westmin Resources (TSE) appears to be making progress toward profitability. The open pit gold-silver mine, north of Stewart, B….
Drilling to start at Quet prospect
A drilling program is expected to start in early September on the Quet prospect, 90 km northeast of Vancouver, B.C. Noranda Exploration, a unit of Noranda (TSE), has the right to earn a 60% interest i…