INSIDER TRADING (November 11, 1991)
Claude Resources’ (TSE) controlling shareholder BEC International recently reduced its interest in the Saskatoon company at a significant discount to the recent market price. According to the Ontario …
News
GOLD FUNDS (November 11, 1991)
BGR Central Net Value $8.35 $4.94 Price $7.88 $4.400 Discount 5.71% 10.9% Value $49,729,085 $74,026,920…
TORONTO STOCK EXCHANGE INDICES (November 11, 1991)
Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 High Low Composite “300” 3525.71 3511.77 3512.58 3515.76 3497.60 4009.47 3009.91 Metals & Minerals 3056.02 3031.54 3013.57 3038.01 3004.25 3453.06 2502.63 Intergrated M…
All six holes cut sulphides at Lockwood near Seattle
Since taking on the Lockwood project 30 miles from Seattle, Wash., a unit of Kennecott has drilled six holes on the Hole 8 zone discovery with all of the holes intersecting polymetallic massive sulphi…
FINANCING (November 11, 1991)
North Slope Minerals Inc – 1,250,000 shs offered @ 25 per sh. Founder Resources Inc – 910,000 units consisting of 1 sh and 1/2 wt offered @ 45 cents per unit. Toltec Resources Ltd – 1,000,000 units co…
METAL PRICES (November 11, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 Copper 1348-1349 1343-1344 1359-1360 1377-1378 1377-…
FUTURES PRICES (November 11, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 107.00 106.80 106.80 – 1.60 Dec 107.20 106.30 106.55 – 1.30 Feb 104.70 104.70 104.70 …. SILVER (in US cents…
Landmark selling 49% of Dominion
Toronto-based Landmark Corp. has been given the green light to sell a 49% stake in Dominion Explorers (TSE) to a privately owned affiliate of Calgary company Aeonian Capital. Subject to regulatory app…
Taseko Mines looking for buyer
With this year’s 9-hole drilling program on the Fish Lake deposit near Williams Lake, B.C., complete, Taseko Mines (VSE) is searching for a buyer. Taseko is the operator of the project under a 3-year …
Wheaton River to sell stake in Yukon project
Wheaton River Minerals (TSE) is negotiating to sell a portion of its wholly owned Mount Skukum gold project as a way of raising the $4.5 million needed to bring the Yukon project into production. As W…
Royal Oak, Falco cut copper, zinc
A $4-million exploration drive by Falconbridge on Royal Oak Mines’ (TSE) base metal property 20 miles west of Sudbury, Ont., has turned up encouraging mineralization almost two miles away from a known…
Dessir slips despite good results — Market snubs high-grade core
Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return spectacular gold values, including a 76-ft. intersection grading 2.01 oz. gold per ton. But the stock price of Dessir Resou…