GOLD FUNDS (November 01, 1993)
Gold Funds as of Oct. 26 BGR Central Net Value $14.50 $6.07 Price $13.50 $6.75 Premium 11.2% Discount 6.90% Value $81,228,000 $122,170,275…
News
NEWS ROUNDUP — Euro-Nevada issues 1.1 million units
Euro-Nevada Mining (TSE) is going to the market with a minimum 1.1-million-unit issue of common shares and warrants. Each unit will be priced at $38 and the common share purchase warrants will be exch…
Metals sub-index drops to lowest level since 1987
The metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index fell in August, hitting its lowest level since early 1987. Economist Patricia Mohr reports that prices for zinc, alum…
LETTERS TO THE EDITOR — Diamond investor urges patience
I am an individual investor who would like to help restore the confidence of diamond stock investors. Investors should be asking the following questions: Is the current price decline of Canadian diamo…
LAST BUT NOT LEAST… — T & H exploring near Damoti Lake
Toronto-listed T & H Resources is exploring a 627-hectare gold property at Damoti Lake, within the prospective Indin Lake Greenstone Belt, 175 km northwest of Yellowknife, N.W.T. The BR-2 property, as…
ODDS’N’SODS — Patience has its own rewards
At last the Quirke mine and mill in Elliot Lake, Ont., started into production in the summer of 1956. Expectations were high with the anticipated precipitation of “yellow cake,” or uranium oxide, from…
Goldquest merging with Dickenson subsidiary
Toronto-listed Dickenson Mines has proposed that a wholly owned subsidiary amalgamate with Goldquest Exploration (CDN). Goldquest shareholders would receive Dickenson class A shares at an exchange rat…
LETTERS TO THE EDITOR — Don’t ignore your contacts
Would you believe that the exploration departments of many junior and senior mining firms do not acknowledge letters of proposals or submissions from prospectors, promoters and geologists? As time mar…
PEOPLE — SEINE RIVER (November 01, 1993)
William Calsbeck appointed vice-president, investor relations.
Investors reaping rewards from dazzling gold equities
Investors who were lucky or brilliant enough to foresee rising gold prices this year and who had the intestinal fortitude to follow their hunches have reaped spectacular rewards. The runaway best-sell…
PEOPLE — GETTY COPPER (November 01, 1993)
Kjeld Werbes appointed director.
Formation Capital active at Black Pine
Drills at the Black Pine property in Idaho are slowly outlining a large copper-cobalt system for owner Formation Capital (VSE). The property, visited recently by The Northern Miner, is 17 miles southw…