COMMENTARY — Investing in precious metals
There have always been numerous compelling reasons for owning precious metals and they can be characterized as follows: * Precious metals (especially gold) have historically maintained their purchasin…
News
EDITORIAL PAGE — Matkin and the market
On the face of it, it’s odd that the Vancouver Stock Exchange should be scrutinized by a government-appointed commission in the very year it posts all-time records for both volume and value ($6.7 bill…
NEWS ROUNDUP — Caribgold adds to Cuban holdings
CDN-listed Caribgold Resources has been granted prospecting and exploration rights to 2,000 sq. km in east-central Cuba. The agreement was reached with Geominera S.A., a Cuban state company, and is ex…
GOLD FUNDS (January 31, 1994)
Gold Funds as of Jan. 26 BGR Central Net Value $16.85 $6.59 Price $16.25 $7.125 Premium 8.1% Discount 3.54% Value $94,369,000 $119,340,844…
Tri Origin drills at Lewis Ponds
Drills are turning in a major program on the Lewis Ponds project in New South Wales, Australia. Using two rigs, Tri Origin Exploration (TSE) is drilling 10,000 metres. The company hopes to define new …
Black Hawk offers special warrants
Toronto-based Black Hawk Mining (TSE) hopes to raise $5.3 million from a private placement of special warrants. Each special warrant will be $1 and will entitle the holder to receive one unit consisti…
Teck, Cominco funding Princeton
Funds for exploring the Elenita property in northern Chile are in hand for owner Princeton Mining (TSE). Teck (TSE) and Cominco Resources International (TSE) agreed to complete a $1.5-million private …
Monk completes private placement
In a private placement, Monk Gold & Resources (ASE) has raised $402,000 to cover capital expenses at the Cerro Mayal placer gold operation in western Argentina. The placement consists of 1.7 million t…
NEWS ROUNDUP — Vior, Soquem in option deal
Junior Societe d’exploration miniere Vior (ME) can earn a half interest in the Clairy Twp., Que., property of Soquem. Soquem, the Quebec Crown exploration company, cut a 0.3-metre intersection in 1988…
PEOPLE — CACTUS WEST EXPLORATIONS (January 31, 1994)
James McDonald appointed director.
PEOPLE — CANASIL RESOURCES
Bahmanyar Yamini appointed director.
PEOPLE — DANKOE MINES (January 31, 1994)
Farnoosh Rahmatian appointed director.