COATS Trading Features (June 15, 1987)
High fliers for the week on the coats system continued to be Boston Bay Mines and Belleterre Quebec Mines. The issues continued at $pd $1.40 respectively. Boston Bay vended its Lac des Iles platinum g…
News
Platinum properties optioned by Edda and affiliate firm
An affiliate company of Edda Resources has acquired interests in more than 25,000 acres of ground in the Athapapuskow area of Manitoba. The focus of the exploration programs scheduled for the properti…
Cdn. Gold results
Canadian Gold Resources and Monte Carlo Gold Mines report some encouraging values from a drill program on the Dik Dik mine property just north of Jellicoe, Ont. The two companies say assays received r…
VSE revenue at all-time high
The fiscal year ended March 31 was the best ever for the Vancouver Stock Exchange. Describing the $6.7-million “excess of revenue over expense” as an all- time high, Chairman G. Fabbro attributed the …
Golconda acquires additional projects
Additional precious metal properties have been acquired by Golconda Resources since the company went public at the beginning of this year. In Nevada, the company has acquired a 100% interest in the Co…
Canarim reaps benefits of understanding risk
“We understand risk.” According to William Cara, manager of the Toronto office of Canarim Investment Corp., that’s the underlying philosophy which propelled Canarim to its number one spot as the large…
NSR Resources
Toronto-based NSR Resources has entered into an agreement with Middlefield Resources Ltd. to raise 2.8 million for its share of an exploration program on the Rand Malartic gold property in Fourniere T…
Exploration work planned by Energy
A program of line cutting, geophysical and first phase of a diamond drilling program is planned by Alberta-listed Energy International Overseas Corp. on its newly- acquired Bernier group of claims nea…
Metal Prices FREE MARKET London Metal Exchange (June 15, 1987)
Spot closing prices in Pound Sterling per tonne Date June 9 June 8 June 5 June 4 June 3 Copper 951-952 957-958 913-914 946-947 938-939 Lead 371-373 38…
Cogesco investment at $28-million mark in six properties
Cogesco Mining Resources calculates its total investment in joint ventures on six exploration properties in northwestern Quebec stands at $28 million, including the $16 million the company invested in…
MFC earnings
MFC Mining Finance Corp. reports first quarter consolidated cash flow of $4 million, and consolidated net earnings of $717,730. Working capital increased during the period by $2,500,000 to $12,900,000…
Sikaman builds reserves on Ghana bet
Reserves in the Bogosu concession in Ghana have been increased by equal partners Sikaman Gold Resources and Denison Mines, Sikaman President A. T. Griffis says. An exploration program, under way since…