FINANCING (April 09, 1990)
Daren Res — min 675,000 offered @ 33 cents per sh. Trades reported by QSC…
News
Suntac estimates larger reserves
With the first phase of their 1990 drilling program complete, Suntac Minerals (VSE) has released an in-house reserve calculation for the C vein on the Polaris-Taku property in the Tulsequah River area…
Spot prices at a glance (April 09, 1990)
Week’s Price (US) Change Gold* $374.25 + $0.95 Silver* $5.01 + $0.01 Platinum* $475.70 + $1.50 Nickel** $4.09 — $0.18 Lead** $0.41 — $0.01 Copper- $1.26 + $0.11 Zinc $0.78 + $0.03 Courtesy of Scotia…
Bema’s Chilean bet rewards directors
Bema Gold (TSE) President Clive Johnson and directors Ian Johnson and Barry Rayment profited recently from the company’s decision to finance a major Chilean gold-copper project to production. Since Be…
IOCC GOLD OPTIONS (April 09, 1990)
Options Open Series Volume Last Interest May 360 C 129 23.50 155 May 380 C 1,125 9.50 1,352 May 390 C 275 6.20 829 May 400 C 1,026 1.80 1,646 May 410 C 163 2.00 1,913 May 420 C 436 0.90 3,655 Aug. 400…
Northfield signs deal to acquire gold mine
Toronto-based Northfield Minerals (ASE) has signed a definitive agreement to purchase control of the Cheminis gold mine property near Larder Lake, Ont., where recommissioning of the shaft, surface and…
Teck pursues interest in Pine Point Mines
Teck (TSE) will soon make a bid to acquire a substantial portion of Pine Point Mines (TSE) through Nunachiaq, a private company jointly owned by Teck, Metallgesellschaft of Germany and M.I.M Holdings …
Pezim vows `street fight’ over charges
Insider trading allegations against Murray Pezim and two other common directors of Calpine Resources (VSE) and Prime Resources Group (VSE) dramatically overshadowed recent meetings where Prime and Cal…
Black Gregor intersects mineralized structure on Hemlo gold
A mineralized structure has been identified over a strike length of at least 1.3 miles on Black Gregor Explorations’ (COATS) gold property near Marathon, Ont. At the completion of their latest 32-hole…
Continental climbs as takeover rumor stimulates trading
A new flurry of takeover rumors has dramatically boosted the share price of Continental Gold (VSE), a Vancouver- based junior which owns 70% of the advanced Mt. Milligan gold- copper project, north of…
Integrated Resources busy on B.C. property
Edmonton-based Integrated Resources (ASE) has started an exploration program on the company’s properties near Telegraph Creek in northwestern British Columbia. Work completed last fall on the properti…
Toronto Stock Exchange Activity in B.C. keeps western companies
Stock market activity took on a decidedly western theme during the week ended April 3, as share prices of a number of Vancouver companies felt the effects of acquisition rumors and other events. It wa…