Montreal Exchange Livelier trading days
A relatively quiet market of late gave way to holiday-jitters during the report period, with investors in a more upbeat mood and Inco Ltd. reminding everybody what “heavy” trading is all about. On the…
News
Lenders balk at Sceptre bid to acquire ailing Oakwood
Calgary-based Sceptre Resources (TSE) is still waiting for approval from a number of creditors before going ahead with its plan to acquire the assets of debt ridden Oakwood Petroleums (TSE) Sceptre mu…
Moss-Power group drilling gold bets
The Moss-Power group of companies will have at least five drills busy this winter on four of its gold properties in northwestern Ontario, says Harry Hodge, president of Moss Resources (ASE) and Power …
Can-Mac, Glen Auden assay results
Encouraging surface gold showings have been assayed by partners Can-Mac Exploration (VSE) and Glen Auden Resources (TSE) on their Topboot Lake property south of Timmins, Ont. Located in the Swayze are…
Northgate earnings
Northgate Exploration (TSE) of Toronto reports net income for the 3-month period ended Sept 30, of $216,000 or 1 per share on revenue of $5.1 million. For the same quarter a year earlier the company …
Augmitto withdraws prospectus offering
Poor market conditions have forced Augmitto Explorations (TSE) to withdraw its prospectus offering in Quebec and Ontario, a move which could push back the planned opening in April of its Beauchastel g…
Earnings Reports (December 26, 1988)
Landmark Corp. (TSE) of Toronto reports a net loss for the 9-month period ended Sept 30 of $6.14 million or 23 per share on revenue of $4.92 million. For the same period a year earlier the company re…
Kingswood finds new zone while drilling at Devon
Toronto-based Kingswood Explorations (ASE) has discovered what it believes is a major new shear zone at its Devon property near Matheson, Ont. where the first results from a 12-hole program have just …
Mexican copper showings, mexican buses and mexican blondes
In 1975 I was cruising around the State of Guerrero, Mexico looking at showings and my travels took me through Chilpancingo, the capital of that state. I looked up a man whose first name was Francisco…
Normetal meeting
A general and special meeting is being organized by Normetal Mining Exploration (ME) for Dec 21 at Rouyn-Noranda, Que., at which shareholders will vote on a private placement worth $400,000 with Socie…
Syngold/Thunderwood merger expected after resignation
Toronto-based affiliates Syngold Exploration (TSE) and International Thunderwood Explorations (TSE) have agreed in principle to merge their exploration assets into a single company. The decision to am…
Prime to go public via Delaware/Colossus merger
The first step of a 3-stage process to consolidate the assets of related companies, Prime Capital, Delaware Resources (VSE) and Colossus Resource Equities (VSE) into a single entity was recently compl…