Metal Prices PRODUCER PRICES (November 30, 1987)
ALUMINUM: MW U.S. Market 79.50 cents -82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). CA…
News
Kimex offering
Value of an offering carried out by Kimex Resources recently admitted to trading on the Montreal Exchange (symbol kmx), was $450,000. Kimex, with offices in Rouyn- Noranda, Que., owns three properties…
Alberta Stock Exchange (November 30, 1987)
In recent trading sessions, positive drill results from Jilbey Industries’ Fontana gold property near Amos, Que., has kept the issue buoyant while others have floundered. As if to emphasize that, Jilb…
Vancouver Stock Exchange Goldbrae moves up a dime
Analysts who predicted that gold stocks would lead the market recovery could be right; but there’s some question whether stocks will return to the somewhat inflated multiples we saw earlier. Reflectin…
Goldpost shares
Goldpost Resources reports it intends to purchase through a normal course issuer bid up to 100,000 of its common shares representing about 2% of its issued and outstanding capital stock.
Metal Prices FUTURES PRICES (November 30, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 112.30 112.30 113.55 + 11.20 Dec. 112.00 107.30 111.30 + 11…
Analysts watch Homestake for Pickens’ move
After failing to gain control of Newmont Mining Co., Texas oilman T. Boone Pickens may be preparing for a run at another major American gold producer, a New York-based mining analyst says. “Early indi…
Master shareholders asked to bless sale of 5,300,000 shares
Shareholders of vse-listed Master Resources & Developments will be asked to vote Dec 8 on whether or not to allow management to sell some 5.3 million unissued shares that sit in the company’s treasury…
Letter to editor Coxheath omitted
I was disappointed to note in your article about Gold fever in Canada (N.M., Nov 16/87) that our company, Coxheath Gold Holdings, was not included as a major player on the Nova Scotia gold scene. With…
LETTERS TO THE EDITOR “Disgusting letter”
I have read some disgusting letters to the editor but the one to your paper from David Somerville (N.M., Nov 9/87) takes the cake. Big unions against free trade, especially Bob White, he says. I am ag…
People (November 30, 1987)
Golden North Resource Corp. — Paul A. Carroll appointed director.
Toronto Stock Exchange Market responds to offshore interest rate
A round of interest rate cuts by West Germany, The Netherlands and France had the desired short- term effect of bolstering the bloodied U.S. dollar. Markets everywhere responded with modest enthusiam….