Goldfunds (August 13, 1990)
MVP BGR Central Capital Net value $11.14 $5.74 $0.33 Price $ 9.625 $6.000 $0.19 Discount %13.60% %4.5% 42.4% Value $66,345,177 $100,945,800 N/A…
News
La Sarre Mining arranges financing
A flow-through share financing worth $600,000 is being finalized by La Sarre Mining Exploration (ME) with Valeurs Mobilieres S.M.C. of Quebec. The proceeds will be used to finance an exploration progr…
Flagship steers away from mining sector
Unable to turn a profit in the mineral exploration sector, Flagship Resources (COATS) has joined an ever growing number of over-the-counter companies to abandon their mining interests. Flagship is neg…
Princeton surveys potential for Similco reserve expansion
When a predecessor company to Princeton Mining (TSE) acquired the Similco open pit copper mine near this picturesque community in June, 1988, it was with a view to provide a much- needed diversificati…
Hydra entitled to royalty on Nighthawk
As part of a revised agreement with Pamorex Minerals (TSE), Hydra Explorations (TSE) will relinquish all title to the NightHawk Lake property near Timmins, Ont., in exchange for $45,000 and a royalty …
Letter to the editor Health tips given to geologists
Canadian geologists are called upon to travel the world for employers. A few years ago you published an article concerning the need to use an air filter when exploring adits and caves in tropical coun…
Menika to test IP anomaly
A diamond drill program is being planned by Menika Mining (VSE) for its recently acquired Kamrose property on the south side of Iron Mask Batholith near Kamloops, B.C. The work program will test a por…
Letter to the editor Touting the Rossland mines
I have been an ardent reader of The Northern Miner since 1933, the days of Sidney Norman. I enjoyed the 75th anniversary issue very much, but was disappointed in your reference to the Consolidated Min…
Major ready to veto deal at Louvicourt
A senior official in Noranda Minerals group has told a Quebec business paper that Noranda (TSE) is opposed to an agreement designed to end the legal dispute over the massive sulphide discovery of Aur …
Vancouver Stock Exchange Prime unaffected by Gulf crisis
The down-draft experienced by the Toronto and New York stock exchanges in the wake of rising tensions in the Persian Gulf did not seem to have much of an effect on the Vancouver Stock Exchange. The Co…
NEWS IN BRIEF Pine Point Mines
Common shares for Pine Point Mines Ltd. (PPT:VSE) have been delisted as they no longer meet the VSE’s distribution requirements.005…
PEOPLE CONSOLIDATED TROUT LAKE RESOURCES
Carl von Einsiedel, Sip Liew, Robert Zabba, Eric Proppe and Dwayne Zabba elected to the board of directors. Carl von Einsiedel appointed president, Robert Zabba, chief executive officer, and Eric Prop…