Alberta Stock Exchange Shabu holds gains
After a brief halt at $9, Shabu Gold Mines resumed trading in the $10.75 range. The issue hit a high of $12.75 during the week — up from 35 cents in February. Incredibly however, the hugh price rise…
News
Queries International North American goes to court
It would be appreciated if you could review any recent developments which would account for the dramatic fall in the price of the shares of International North American Resources. Of particular intere…
Iron River on gold property
A first-phase exploration program has commenced at Iron River Resources’ Loughborough Inlet gold property, 35 miles north of Campbell River, B.C. A 2.5-mile access road will be rehabilitated, a helico…
Zahavy elevuating purchase of Getty’s 50% in Favourable Lake
Alberta-listed Zahavy Resources says it has been advised by Getty Resources that a third party has made an offer-to-purchase Getty’s 50% interest in the Favourable Lake joint venture property located …
Novamin accepts Breakwater offer
The board of Novamin Inc. has accepted a takeover offer by Breakwater Resources, subject to the completion of a definitive agreement. Terms of the proposal would see Breakwater issue one share for two…
Canamax has discovery near Kremzar property
A new gold discovery has just been added to the portfolio of Toronto-listed Canamax Resources. The site of the discovery is at its wholly-owned Lochalsh project, located in the Goudreau gold belt 35 k…
Toronto Stock Exchange Golds shine as skittish bull pulls market
Once again golds set the market on its ear with a rise that seemed to defy gravity itself. Spurred on by worries of a sinking U.S. dollar, bullion prices soared to a high of over $420(US) an oz while …
North American Rare
A 500-ft stepout hole on the joint venture property of North American Rare Metals and Dundee- Palliser Resources in Vezza Twp. in Quebec’s Casa Berardi area has extended the gold zone to 2,000 ft and …
COATS Trading Features (April 06, 1987)
Edda Resources made a strong advance to 85 cents -95 cents from the 35 cents range. The company holds a 51% interest in a private company. The private firm holds a large land position near the Namew L…
Metal Prices (April 06, 1987)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 31 Mar. 30 Mar. 27 Mar. 26 Mar. 25 Copper 949-950 944-945 950-952 943-945 926…
Royex makes offer to boost interest in Int’l Corona
In a move that is designed to put Murray Pezim out of the picture, Royex Gold Mining has announced an offer worth potentially $230 million to boost its ownership in International Corona Resources to a…
Hydra Explorations control to Neptune
Control of Hydra Explorations is passing into the hands of Neptune Resources Corp., which heads a group of investors who are acquiring 750,000 shares from the control block at a price of $1.60 per sha…