Gold funds as of Jan. 31
BGR Goldcorp Central MVP Capital Net value $12.06 8.93 6.79 0.85 Price$ 9.375 6.125 5.875 0.69 Discount 22.26% 31.4 13.5 18.8 Value …
News
Toronto Stock Exchange Rally contunues unabated on strong volumes
The New Year’s rally continued unabated as 30 million shares exchanged hands today moving the composite index up 23.94 pts. Today’s close of 3640.58 pts represents a 72-pt increase over our review wee…
Belmoral changes terms of Ketza River purchase
Purchase of the Ketza River gold mine in the Yukon Territory by Belmoral Mines (TSE) will go ahead but on different terms from those previously announced. Belmoral Mines Chairman Kenneth Dalton said t…
Earnings Reports (February 06, 1989)
North American Metals (VSE), a 73%-owned subsidiary of Homestake Mining (NYSE), reports a net loss for the year ended Aug 31 of $942,458 or 13 cents per share. For the same period a year earlier the c…
Cambior backs off from deal to acquire Nova-Cogesco shares
Having failed to obtain at least 90% of the outstanding shares of Nova-Cogesco Resources (TSE) in a takeover bid of the company, Cambior Inc. (TSE) has decided against pursuing its offer. Gold produce…
Gold Bar drilling Chester Twp. property
COATS-listed Gold Bar Resources has agreed to fund a 5,000-ft drill program on Canadian Gold Resources'(ASE) Chester Twp., gold property near Gogama, Ont. The companies report that a contract has been…
Editorial Strengths can easily be overlooked
Adversity, they say, builds character. In the case of the mining industry, decades, even centuries, of struggling against the odds to make mines and make them pay has created an industry that enjoys a…
Springer Resources reports gold zone
Recently-listed Springer Resources (VSE) reports anomalous gold values have been encountered on its Glenwood-White Bay joint venture property in Newfoundland. The 60-claim Glenwood property is one of …
ABM, Goldenbell unite, Jamestown improving
Toronto-based Northgate Exploration (TSE) has begun to simplify its broad portfolio of mining companies by uniting the assets of affiliates ABM Gold Corp. and Goldenbell Resources (TSE). By purchasing…
Association for Minnesota mining
The newly established Minnesota Exploration Association hope to provide companies and individuals exploring for non-ferrous minerals in Minnesota with a cohesive means to share information and to give…
Malartic option
An option has been acquired by Malartic Hygrade Gold Mines (VSE) which gives the company the right to earn a 60% interest in a gold property near Val d’Or, Que. The 425-acre property is owned by Black…
Alberta Stock Exchange Texmont springs to life
One of the most dormant issues on the Alberta Exchange suddenly sprung to life this week following an encouraging announcement from the Tully Twp. gold property near Timmins, Ont. News that joint vent…