IOCC GOLD OPTIONS (January 28, 1991)
Options Open Series Volume Last Interest Feb. 380 C 389 11.20 894 Feb. 390 C 618 7.00 1,793 Feb. 400 C 1,457 4.00 2,758 Feb. 410 C 1,160 3.50 2,418 Feb. 420 C 575 2.50 3,203 Feb. 430 C 297 1.80 975 Fe…
News
Gold Commissioner upholds title to Eskay claims
Ken McKenzie was dealt a major blow in his ongoing bid to challenge title to the TOK 3-6 mineral claims which underlie a strategic portion of the valuable Eskay Creek gold property north of Stewart, B…
I11 – Considered legislation could inhibit recycling efforts
While Canadians are strongly in favor of “more” recycling, few are aware of the extent to which recycling is already a fact, particularly in the metal industries. A recent survey of Canadian elite dec…
Inlet drilling Chibougamau bet
A 6,000-ft. diamond drilling program is under way on Inlet Resources’ (VSE) Grandroy mine project near Chibougamau in northern Quebec. Inlet said the first hole in the program will be drilled to a dep…
Spot prices at a glance (January 28, 1991)
Week’s Price (US) Change Gold* $377.90 — $25.80 Silver* $3.98 — $0.24 Platinum*$403.50 — $20.50 Nickel** $3.81 + $0.03 Lead** $0.27 Copper- $1.05 — $0.01 Zinc $0.53 + $0.01 Courtesy of Scotiabank….
Toronto Stock Exchange Market volatile as war enters second week
Equity markets had a rocky ride during the week ended Jan. 22 as gold and oil prices gyrated in response to the troubling events unfolding in the Persian Gulf war. During the war’s first week, investo…
Tintana options Timmins gold bet
Toronto-based Tintana Mines (TSE) has signed an agreement with the G.S.W. Bruce grubstake to acquire a 100% interest in 77 gold claims owned by the latter in English and Zavitz twps., near Timmins, On…
Belmoral moves in on Magino and Magnacon gold assets
Juniors Flanagan McAdam Resources (TSE) and Muscocho Explorations (TSE) may yet be saved from the jaws of bankruptcy by the Magnacon and Magino gold projects. Belmoral Mines (TSE), making progress on …
Vancouver Stock Exchange Vancouver Market touches new low
The Vancouver Stock Exchange’s Composite Index dipped below the 500 level over the period ended Jan. 22, 1991, touching down at 499.2 for yet another record low. The Resources Index followed suit, plu…
Cominco options X-Cal’s Snowbird
After outlining a reserve of about 300,000 tons grading 0.21 oz. gold per ton and defining a number of other exploration targets, X-Cal Resources (TSE) optioned its Snowbird property near Fort St. Jam…
Trimin mails offer
As promised, Trimin Resources (TSE) announced a formal offer to buy up to 2.2 million of its common shares at a price of $2 per share. The buyback had been stalled by two securities commissions pendin…
Analysts look beyond Gulf War as gold price defies predictions
Gold failed to regain its shine as war in the Persian Gulf entered its second week. Shaken by a US$19.50 overnight drop in the gold price as United Nations forces took their first run at Iraq, investo…