Northgate takes gamble on Windy Craggy gold
After reaching into its deep pockets to buy a significant slice of two Canadian gold producers, Northgate Explorations (TSE) is taking a gamble on a promising exploration project in northwestern Briti…
News
Power estimates 2.9 million tons at Kasagiminnis
Power Explorations(TSE) says preliminary calculations for its Kasagiminnis Lake property in the Pickle Lake area of northwestern Ontario indicate 2,866,000 tons of mineral reserves grading 0.14 oz gol…
COATS Trading Features (April 18, 1988)
Trading in Findore Minerals enabled the issue to top the volume list this week. More than 177,000 shares were traded to a high of 75 cents . Drilling on the company’s property in Garrison Twp., Ont., …
Letters to the Editor Cutting gold assays
Regarding the letter from Dennis Fairbairn: It’s senseless to cut gold assays, March 28. It is with interest that I have read the shareholder’s point of view on the classical problem of “cutting” gold…
Conwest, Faraday, MRI report healthy earnings
Three related companies in the energy and mineral resources industries reported healthy profits for 1987. Conwest Exploration (TSE) recorded net income of $33.9 million ($3.01 per share) compared with…
Metal Prices PRODUCER PRICES (April 18, 1988)
ALUMINUM: MW U.S. Market $1.11-$1.21 per lb. (Apr 7, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.70-$5.85 per lb. (Mar 24, 1988). CADMIUM: New York…
Metal mining tax peculiarities (1)
Oh, how we hate to pay taxes. Even so, some taxes make us angrier than others. Revolutionary changes took place in the taxation of the mining industry in Canada in 1973 and 1974 and the effects are st…
Agassiz buys shares
Agassiz Resources (TSE) has acquired an additional 50,000 shares of Twin Gold Mines (ASE). The acquisition gives Agassiz 1.35 million Twin Gold shares or a 56.75% interest in the company. Twin Gold co…
Golden Pheasant program
A geophysical survey has been completed by Golden Pheasant Resources on a property in Carman and Langmuir twps., Ont. A priority exploration target is an anomaly associated with a drill hole completed…
Jonpol, T & H bid
Two Toronto-based companies, Jonpol Explorations (TSE) and T & H Resources (TSE), have proposed a takeover bid for Newfield Mines (COATS) of Toronto. The two companies are offering to buy up to 750,00…
Books (April 11, 1988)
Straight Talk — Three-part series aimed at the novice investor looking for more information to commonly asked questions about the exchange, stockbrokers and risk. For a free copy contact: Toronto Sto…
Flint Rock flow-through to finance Teck program
Downsview, Ont.-based Flint Rock Mines (VSE) says it is seeking approval for a $105,000 flow- through share issue for exploration at a property in the Larder Lake, Ont., region. Flint Rock says the is…