COATS Trading Features (June 13, 1988)
Several issues made gains on COATS this week. Wye Resources traded almost 100,000 share to close at a high of 80 cents . A new president has been appointed to run the company. Also, encouraging result…
News
Starrex has profit
Earnings for the 3-month period ended March 31 totalled $179,000 or 4.4 cents per share, Starrex Mining Corp. (TSE) reports. The profit was generated by gold futures hedging of production from the St…
Deep drilling in Nevada stops short for Rayrock
Rayrock Yellowknife Resources (TSE) has turned to a geophysical exploration program on the Dee property in search of further drill targets after deep drilling below the existing open pit gold mine fai…
Despite terrain problems, Casa Berardi still humming
One of the most difficult exploration terrains in Canada continues to attract exploration dollars. Stretching for 60 miles from the Ontario border to Joutel, Que., the Casa Berardi area remains staked…
Uranium pact ensures access to US
Uranium producers in the U.S. have reached agreement-in-principle with Washington on establishment of an acquisition fund for domestic uranium and the removal of any embargo on the use of non-U.S. ura…
Reading the annual report – an investor’s guide
What is past is prologue. -William Shakespeare Chances are the Bard never had to write an annual report, yet the above aphorism serves as an reasonable explanation as to why this most widely read of …
Future Prices
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun 111.60 110.00 111.50 + 17.10 Jul 107.00 102.70 106.50 + 15.20 Sep 97.50 93.80 …
Rouyn bulk test results
A 25,000-ton bulk sample from the Francoeur mine property graded 0.197 oz gold per ton, Rouyn Mining Resources (ME) says. Rouyn and Lac Minerals (TSE) share the property near Rouyn, Que., equally. Pro…
Dynatec head honored
The head of one of this country’s top mining contracting firms, William R. Dengler, has been awarded the honorary degree of Doctor of Science from Queen’s University at Kingston. A 1964 graduate in mi…
IPMI conference
The 13th International Precious Metals Conference of the International Precious Metals Institute will take place June 12-15, 1989, in Montreal. Theme of the conference will be New Precious Metal Techn…
INSIDER TRADES (June 13, 1988)
Audrey — Northgate Expl bought 140,845 (private) to hold 140,845. Barron Hunter Hargrave — J. Hargrave sold 75,000 to hold 4,367,200. S. Hargrave sold 48,000 to hold 2,471,200. Cominco — N. Keevil,…
Continental Gold to drill shear zones at Trophy bet
Crews have been mobilized and drilling is expected to begin in July at Continental Gold Corp.’s (VSE) Trophy property in northwestern B.C. The $2-million exploration program will follow up a successfu…