TSE SHORTS (June 14, 1999)
Short positions outstanding at May 31, 1999Larger individual positions include: Abitibi-Consolidated 1,514,975, up 609,619; American Gem 1,068,652, up 879,377; Anderson Exploration 338,111, down 125,3…
News
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts recommend Wheaton River for ‘risk-tolerant’
It wasn’t a light at the end of tunnel after all — only an English banker stumbling around with a flashlight, checking out how much gold he had left to sell in his bargain basement.Notwithstanding th…
Wheaton ends quarter in red
With its production season just begun, Wheaton River Minerals (WRM-T) found itself $680,777 (or 2 cents per share) in the red during the 3-month period ended March 31, compared with a loss of $303,984…
St Andrew posts quarterly loss
Although it enjoyed exploration success in the first quarter, St Andrew Goldfields (SAS-T) was not so lucky financially.In the three months ended March 31, the Toronto-based junior lost $453,676 (or 2…
St. Jude expands gold zone in Ghana
St. Jude Resources (SJD-V) has tabled encouraging drill results from the Hwini-Butre gold property in Ghana, West Africa.The work focused on the Dabokrom Shaft zone, one of three structures that are r…
NEWSROUNDUP — Berland to drill Timmins property
Newly listed Berland Resources (BNL-V) is funding a drill program at Echo Bay Mines’ (ECO-T) Ogden Twp. property in Ontario’s Timmins camp.The junior holds an option to earn 50% of Echo Bay’s interest…
Juniors test Mexican target
Partners Sand River Resources (SRL-V) and Spokane Resources (SKN-V) have begun an initial 1,500-metre program of diamond drilling on their Minerales project in the Mexican state of Chihuahua.Three new…
Partners test Cerro Cobre target
Partners Corriente Resources (CTG-T) and London-based Rio Tinto,/C> (RTP-N) have begun a program of reverse-circulation drilling on a portion of the Taca-Taca project in Argentina’s Salta province.The…
NEWSROUNDUP — Pioneer plans follow-up program
With results from the winter program in hand, Pioneer Metals (PSM-T) is gearing up for a summer program at its Riou Lake uranium project in northern Saskatchewan’s Athabasca Basin.Pioneer says winter …
Cumberland drills Nunavut gold — Goose Island deposit deemed amenable to open-pit mining
Drilling by Cumberland Resources (CBD-T) at its wholly owned Meadowbank gold property in Nunavut is expanding one deposit and upgrading another.Situated north of Baker Lake, the project consists of fo…
Barramundi tests at Longline
Junior Barramundi Gold (BAM-A) has begun a shallow, 60-hole program of core drilling at its Longline gold project in the west-central Yukon.The work is part of an attempt to reassess the resource repr…
NEVADA & THE WESTERN STATES — Goldstrike keeps on trucking — Barrick focuses on ‘mile-long corridor of mineralization’
Few mineral properties are as aptly named as Barrick Gold’s (ABX-T) Goldstrike, in Nevada’s prolific Carlin trend.The property’s two operating mines, Betze-Post and Meikle, are expected to churn out m…