Bulk test scheduled at Octan silver bet
Encouraging results have been encountered at Octan Resources’ (ASE) Bonanza silver claims in the Northwest Territories where the company is planning to take a 15,000-ton bulk sample to determine accur…
News
The value of metal investors and speculators
Although it may not be palatable to some people, the feeding frenzy behavior of groups such as the many investors in metals, constitutes a vital component of the market that provides price discovery f…
Metal Prices FUTURES PRICES (December 12, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 153.25 150.00 151.25 — 2.25 Jan 146.00 145.50 144.80 + 0.80 Mar 135.45 131.80 133.60…
Montreal Exchange Juniors may merge
A proposed takeover bid (at $1.50 per share) of a junior by Quebec gold producer Cambior Inc provoked a response by the junior, but it wasn’t perhaps what Cambior was expecting. The junior, Nova-Coges…
FINANCING (December 12, 1988)
ONTARIO Augmitto Expls. — final rec iss offer min 750,000 & max 2,000,000 @ $4 per Cl A spec sh to net min $2,760,000 & max $7,360,000. Dynalta Egy — final rec iss offer min 3,000 & max 10,000 @ $1,…
Editorial Who’s in charge here?
Politics can make for some very peculiar reasoning. Take, for example, our recent general election, won by the Progressive Conservatives with what appears to be a resounding majority — 169 of 295 sea…
Glimmer Resources plans more drilling on Barnet Twp. bet (December 12, 1988)
NSR Resources (TSE) has signed a letter of intent with Master Gold, a private company, which gives Master the right to earn an interest in three of five concessions held by NSR in Rouyn Twp., Que. Mas…
Barrick, Gold STandard court date set
Another high stakes court battle will get under way when American Barrick Resources (TSE) and Utah- based Gold Standard Inc. appear in a Tooele Cty., Utah, courtroom, Feb 5, 1990. As a former joint ve…
Duration re-acquires interest in Theresa
Duration Mines (TSE) has reached an agreement with Redpath Ltd., a mining contractor, which will return ownership of the Theresa mine project near Longlac, Ont., back to Duration. Last summer, Redpath…
Editorial Balancing act
Two of the bogeymen in our business culture are corporate concentration and hostile takeovers. But in the true spirit of a free market seeking its own level of equilibrium, these two forces may be in …
Caisse files suit over Inco’s plans
A lawsuit seeking to nullify a proposed shareholders’ rights plan proposed by Inco Ltd.’s (TSE) board of directors has been filed with the Quebec Superior Court. Issuing the legal challenge to the tak…
APCOM conference
The 22nd international symposium APCOM will take place from Sept 17-20, 1990 in Berlin, West Germany. The general theme of the APCOM conference is the application of computers and operations research …