GREATEST VALUE TRADED, April 12-18
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News
CDNX scrambles to recover from carnage
Vancouver — Although the high-tech meltdown was tempered by a strong rebound, the report period ended April 18 will be remembered chiefly for its carnage. The Canadian Venture Exchange lost 375.37 po…
Noranda tests Perseverance
If the high-grade results of recent drilling are any indication, Noranda (NOR-T) may soon prove that Perseverance pays at its mining complex in the Matagami camp of northern Quebec.Perserverance is th…
Exchange Rates (April 24, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApr. 18Apr. 17Apr. 14Apr. 13Apr. 12…
Writedowns push Ashanti into red
Writedowns in the fourth quarter of 1999 wiped out any earnings for Ashanti Goldfields (ASL-N).During the 3-month period, writedowns totalled US$233.1 million (or $2.08 per share). Before these writed…
Cornerstone adds to holdings
Cornerstone Resources, a junior company held by Cornerstone Capital (CTP-V), has staked 214 claims to cover prospective ground adjacent to its Red Cliff property, on the northwestern tip of the Bonavi…
MOST ACTIVE ISSUES, April 12-18
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Metal Prices (April 24, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApr. 18Apr. 17Apr. 14Apr. 13…
River Valley reveals more PGEs
Junior Pacific North West Capital (PFN-V) has received more encouraging results from its River Valley platinum group element project near Sudbury, Ont.The River Valley project covers 43.5 sq. km of th…
Old Economy holds firm as New Economy shakes
Bubbles don’t stay aloft forever, and the giant one propelling the much-ballyhooed New Economy was hit by a mean downdraft over our report period ended April 18. While bargain-hunters jumped in to kee…
TSE INDICES (April 24, 2000)
— 2000 –DateApr. 18Apr. 17Apr. 14Apr. 13…
Francisco aims drills at Marlin property
Francisco Gold (FGX-T) intends to drill the Marlin gold-silver property in Guatemala once shareholders and regulators approve the company’s proposed acquisition of that property’s owner, privately hel…