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FINANCING (September 12, 1988)

ONTARIO Dayton Porcupine Gold — final rec iss offer 1,000,000 @ 37 cents per sh to net $350,000. Marcus — final rec iss offer 1,000,000 @ 35 cents per unit to net $315,000. VANCOUVER Mollie Gibson …



Metal Prices (September 12, 1988)

FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 6 Sept 5 Sept 2 Sept 1 Aug 31 Copper 1386-138…



New find on Golden Pond property

Days away from officially opening their Golden Pond gold mine in the Casa Berardi region of Quebec, partners Inco Gold and Golden Knight Resources (TSE) have announced significant drill intersections …


Obituary Murdock C. Mosher

Murdock Charles Mosher, one of Canada’s best known prospectors, died Sept 6 at Centenary Hospital in Scarborough, Ont. He was 85. Born in Wine Harbour, N.S., “Murdie” was one of three brothers who sco…


Improved first half for Belmoral Mines

Net income of $3.8 million (10 cents per share) on revenues of $15.5 million was reported by Belmoral Mines (TSE) for the first six months of 1988, compared with net income of $349,000 (1 cents per sh…


Alberta Stock Exchange Few signs of optimism

If North American investors are convinced that stock prices are on their way up, there were few signs of optimistism on the lacklustre Alberta exchange. Volumes were generally low and only a handful o…


Queries Pamour share offer falls short

As you know, Jimberlana Holdings was directed to purchase all the outstanding shares of Pamour Inc. via Giant Acquisition Corp. This company should be called the “Giant Rip-off Corp.” instead since it…


Letters to the Editor Law plants seed

Re: Your article in the Aug 15 issue, page 4; “A Brush with the Law” regarding criminal charges against Donald McKinnon being dropped. I can give you my honest opinion. The law has planted the seed. I…


First Idaho moves ahead at Montana leach property

Development work is under way at the San Francisco gold property near Philipsburg, Mont., First Idaho Resources (VSE) said recently. First Idaho’s U.S. subsidiary Grand Trunk Resources, holds a 50% in…


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