Metal Prices PRODUCER PRICES (October 30, 1989)
ALUMINUM: MW U.S. Market US80.50 cents – 82.00 cents per lb. (Oct 19, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
News
Van Ollie reports Wawa assay results
Preliminary assay results have been reported by Van Ollie Explorations (COATS) from recent surface work on the company’s McMurray Twp. gold property near Wawa, Ont. Van Ollie recently completed a prog…
Editorial Welshing on a bet
It seems pretty straightforward. If you buy shares and the price goes up, you make money. If the price goes down, you lose. When the stocks being sold are offered by the company through a prospectus…
FINANCING (October 30, 1989)
ONTARIO Barytex Res — opt exerc on 400,000 @ 24 cents per sh Global-Pacific Minerals — 600,000 sold for gross $210,000 Digger Res — opt exerc on 150,000 @ 50 cents per sh Ezekiel Expls — 750,000…
Eastmaque gold output passes 10,000 oz in latest quarter
Eastmaque Gold Mines (TSE) has had its best fiscal quarter ever with respect to gold production. During the company’s first quarter, operations in Ontario and Nevada produced a total of 10,604 oz of g…
Cons. West Dome is now defunct
I was referred to your research department in order to trace an old 1922 stock certificate for 100 shares of a company called Consolidated West Dome Mines. I hope you can be of some assistance in this…
Vancouver Stock Market Prime problems stir market
Another stir hit the Vancouver Stock Exchange this week when Canarim Investment said it wouldn’t take down one million units of Prime Resources that had been withdrawn by an investor after the closing…
Coxheath ponders alternatives for Tangier
It has been an expensive lesson, both for the 120 local people who were laid off in Nova Scotia last spring and for Coxheath Gold Holdings (TSE) which now owes several creditors who lease equipment to…
IOCC GOLD OPTIONS (October 30, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .22011.002,917 Nov 370 C .256 5.502,175 Nov 380 C .223 1.503,060 Feb 370 C .16814.00 383 Feb 380 C * 77 9.50 709 Feb 390 C .165 6.50 624 Feb 400 C * 4…
Crown Resources acquires Nevada properties
Denver-based Crown Resources (VSE) recently acquired a 100% interest in two Nevada properties owned by Freeport-McMoRan Gold (NYSE). According to Mark Jones, chairman of Crown, the properties have exc…
IMPM conference papers in new book
Some 50 papers presented at the 13th annual International Precious Metals Institute conference have been compiled into a book, now available from the institute. It is edited by Dr Bryn Harris of the N…
Editorial Ontario’s Mining Act
For the past 14 years Ontario has fiddled with its 83-year-old Mining Act, trying to bring it in line with current industry practices yet allowing it the flexibility to deal with concerns that are lik…