Gold funds as of Feb. 27
MVP BGR Central Capital Net value $12.54% –$6.49% $0.43 Price $11.00% –$6.625% $0.37 Discount 12.28% 2.1%5 –14% Value $74,634,533 $109,330,469 N/A…
News
People (March 05, 1990)
INTERNATIONAL COPPER ASSOCIATION — Dr. Nathan Church appointed technical director, metallurgy, succeeding Dr. Dale Peters who has jointed the Copper Development Association.
TAC askks for papers
The Tunnelling Association of Canada (TAC) will hold its 8th annual general meeting Nov. 1-2. Submit abstracts of papers, in English or French, on technical advances in designing and constructing unde…
Toronto Stock Exchange Panic in Japan fails to ruffle Toronto
Canada’s largest stock market continues to weather the storm that is blowing across the Tokyo Stock Exchange. While Japanese investors watched in horror as the Nikkei index fell by 1,569 points — the…
Balance sheet improves in ’89 for Giant Yellowknife Mines
Earnings of $3.6 million (43cents per share), before unusual items, on revenue of $119.5 million were reported by Giant Yellowknife Mines (TSE) for 1989. After providing $3.8 million for an unusual af…
Gold, oil interests pay off at Horsham
Investments in gold and oil production appear to have paid off handsomely for Toronto-based Horsham (TSE). Horsham, which controls American Barrick Resources (TSE), says net earnings in 1989 increased…
Vancouver Stock Exchange Trading is dull as gold falls
Trading was relatively dull during the week ended Feb. 27, the Vancouver Exchange dropping 0.42 points to 724.6. Gold bullion’s steep dip may have had something to do with the market’s lethargy. The y…
FINANCING (March 05, 1990)
ONTARIO Sindor Res — final rec iss offer 2,200,000 @ 50cents per unit to net $1,001,000. VANCOUVER Black Rock Nevada — 800,000 sold for gross $360,000. Fortress Res — opt exerc on 175,000 @ 40cents…
Surluga gold mine gets another look
The open pit potential of the mothballed Surluga gold project near Wawa, Ont., is going to be investigated, thanks to a recent agreement signed by Citadel Gold Mines (TSE) and Pan Orvana Resources, a …
Alberta Stock Exchange Kingswood leads again
Kingswood Explorations continued to lead the action on the Alberta Stock Exchange trading almost two million shares during the week ended Feb. 27. It came off sharply over that period, losing 20cents …
Higher gold output boosts Corona earnings in 1989
Earnings of $49.1 million (32cents per share) for 1989 before unusual and extraordinary items were reported by Corona (TSE), compared with restated earnings, before unusual and extraordinary items, of…
Major funding for Plexus Res.
An agreement has been reached between Total Energold (TSE) and Plexus Resources (TSE), whereby Total will subscribe for a private placement of six million common shares of Plexus at $3 per share. The …