Alberta Stock Exchange Golden Crescent up
Shares of Toronto-based Golden Crescent Resources posted a surprising gain of 80 cents for the week ended April 10 to close at $1.75 on volume of 164,900 shares. The company has reported some mixed dr…
News
U.S. Report Foreign reserve potential interests Battle Mountain
To bolster depleting North American reserves, Battle Mountain Gold (NYSE) is making a commitment to developing reserves in South America and the Austral Pacific region. The 1989 annual report stresses…
Pezim, associates face new charges
Flamboyant promoter Murray Pezim struck out in his bid to have the Supreme Court of British Columbia quash a Securities Commission hearing into insider trading allegations against senior management of…
Acadia faces proxy battle
Shareholders of Acadia Mineral Ventures (TSE) will decide the fate of the company at a special meeting scheduled for May 4. They can either accept a slate of five directors including Arthur Brown, cha…
Esperanza changes name
As the result of a name change and a share consolidation, Esperanza Explorations has become Columbia Gold Mines (VSE). With a share consolidation of one new for three old, the company has about 4.4 mi…
Bacterial oxidation process produces gold for U.S. Gold
It has taken more than two years and US$31 million, but Denver-based U.S. Gold (NASDAQ) recently poured the first gold produced from a new bacterial oxidation process developed at its Tonkin Springs g…
Kachmar resigns Dickenson post
The president of Dickenson Mines (TSE), John Kachmar, resigned his position at the company annual meeting. Kachmar, who had been with the company for nine years, including the past four years as presi…
Eastern to drill gold anomalies on Shamrock
Having received favorable indications from overburden testing on its Shamrock gold property in Newfoundland, Eastern Goldfields (COATS) plans to engage in a program of drilling and trenching this summ…
Skyline still struggling at Johnny Mountain mine
Despite substantial increases in throughput and gold recoveries, Skyline Gold (TSE) has yet to achieve commercial production at its wholly owned Johnny Mountain gold mine in the Iskut River district o…
Gold funds as of Apr. 3 (April 09, 1990)
MVP BGR Central Capital Net value $11.58% %$5.82% $0.40% Price $10.50% %$6.125 $0.25% Discount 9.33% %5.2%5 37.5% Value $68,946,265 $103,048,838 N/A…
FINANCING (April 09, 1990)
Daren Res — min 675,000 offered @ 33 cents per sh. Trades reported by QSC…
COATS (over-the-counter) Southern Ariz. up 12 cents
In an otherwise quiet week of trading on the over-the-counter market, 631,040 shares of Southern Arizona Mining and Smelting changed hands. Reacting to news of an option agreement between Southern and…