COATS unaffected by recent market swings
The Canadian Over-the-Counter Automated Trading System, or COATS, was largely unaffected by the recent share price swings experienced on other major stock exchanges during the week. COATS issues had b…
News
Highland Valley strike settled
The strike affecting operations at the Highland Valley Copper mining and milling complex in the Highland Valley of British Columbia has been settled. According to a spokesman from Highland Valley Copp…
St. Genevieve buys shares in Vauquelin
A private placement has been arranged between St. Genevieve Resources (TSE) and Mines Vauquelin (ME) whereby the former will invest $200,900 in the latter in return for slightly more than one million …
Muscocho still sorting out Magnacon start-up problems
Start-up troubles have tended to slow operations at the Magnacon gold mine near Wawa in northern Ontario but operator Muscocho Explorations (TSE) is confident it will succeed in reaching full producti…
Ego finishes program
A drill program has been completed by Ego Resources (TSE) on the company’s B-B Lake zinc prospect, 15 km north of MacLeod Bay, N.W.T. The final results from a 15-hole program include 12.66 ft grading …
Toronto Stock Exchange Volatility and fear take hold of markets
A bout of very scary trading has taken hold of the markets following the Friday the 13th crash which clipped almost 7% from the Dow Jones index in New York. In Toronto, the sell-off was followed by a …
Vancouver Stock Exchange Confidence restored after mini crash
The Vancouver Stock Exchange rebounded swiftly after the October, 1989, mini market crash that began ominously enough on Friday 13th as a broker’s worst recurring nightmare. But after sweating out the…
Airborne surveys in northern Ontario
Airborne geophysical surveys, which provide a cost-effective method of covering large, inaccessible areas, have started in northern Ontario. The Shining Tree, Batchawana, North Swazye/Montcalm Twp., S…
Pig market’ comes to an end
Down, up, way down, and all around. That about describes the roller-coaster ride the VSE Index took during the two- day run of the October, 1989, “mini market” crash. It began appropriately enough on …
Acquisitor seeking exploration funds
Financing is being sought for exploration of a base-metal deposit on the south part of the Dubuisson property near Val d’Or, Que., and to develop gold-reserve tonnage in the No 5 vein area, Acquisitor…
X-Cal hits low grade
Drilling by X-Cal Resources (TSE) on the company’s Snowbird gold project is indicating improved widths at depth, the company says. Near Fort St. James, B.C., the Snowbird property hosts several gold m…
U of T opens new centre for earth sciences research
The University of Toronto’s new $57-million Earth Sciences Centre, officially opened by Ontario Premier David Peterson Oct 16, will house one of the largest research facilities on the university’s cam…