News


Calpine shareholders group appeals to regulators

A fairness opinion for the proposed merger between Prime Resources (VSE) and Calpine Resources (VSE) has raised the ire of a group of Calpine minority shareholders. Speaking for the Calpine minority s…


5.8 million tons indicated Tulsequah ups reserves

An updated geological reserve estimate was released by junior partner Redfern Resources (VSE) for the Tulsequah Chief massive sulphide project in northwestern British Columbia. The new calculations in…


Ontario backing down from Bill 208

The Ontario government is backing away from legislation that would let designated workers shut down work places they consider unsafe (Bill 208). This is an outright insult to workers in Ontario. In 19…


Inel, Gulf Int’l plan amalgamation

The board of Inel Resources (VSE) has agreed in principle to an amalgamation with associated company, Gulf International Minerals (VSE). A management committee was formed to negotiate the terms of the…


Gold funds as of Nov 28

MVP BGR Central Capital Net value$12.40 $6.54 $0.53 Price$11.50 $6.62 $0.39 Discount 7.26% 1.3% 26.5% Value$73,840,638 $110,148,302 N/A…


FINANCING (December 04, 1989)

ONTARIO Jonpol Expls — 400,000 offered @ $3.25 per unit to net $1,202,500. VANCOUVER Mondana Ventures — gross proceeds rec $234,00. Major General Res — 500,000 offered @ $1.50 per unit. PMA Res — …


Faraday, Jascan

Faraday Resources (TSE) has increased its interest in Jascan Resources (TSE) to 48.8%. The company purchased another 1.3 million shares of Jascan privately. Jascan holds a portfolio of mineral propert…


Dayton, Chevron drill

Dayton Developments Corp. (VSE) has started drilling on its Andacollo gold project in Chile. Held under option from Chevron Resources, the Andacollo deposit is being tested by a 50,000-ft drill progra…


Strike options gold properties

An option agreement has been signed between Strike Minerals (COATS) and a private Ontario company involving two gold properties in the Shining Tree area north of Sudbury, Ont. Strike has agreed to pur…


Editorial Avoiding litigation

Heard of any good lawsuits lately? Chances are you have if you’ve been following any mining stocks. It seems as though there is a new legal action every day, frequently over joint ventures that have…


Alberta Stock Exchange Naxos emerges

A previously unheard of issue called Naxos Resources emerged with the largest gain for the week ended Nov 28, during which trading could otherwise be described as lacklustre. Trading on a healthy volu…


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