FUTURES PRICES (March 16, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.05 101.70 102.10 …. May 102.20 101.15 102.05 – 0.10 Jul 101.60 100.80 101.50 …. SILVER (in US cents p…
News
Spot prices at a glance (March 16, 1992)
Week’s Price (US) Change Gold* $349.00 – $1.20 Silver* $ 4.15 + $0.04 Platinum* $363.25 + $2.50 Nickel** $ 3.40 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.53 – $0.01 Courtesy of Scotia…
Deak, Cyprus in Kerr deal
A letter of intent to launch a $3-million underground exploration program at the Kerr gold mine of Deak Resources (TSE) at Virginiatown, Ont., has been signed by Deak and Cyprus Canada, an affiliate o…
TORONTO STOCK EXCHANGE INDICES (March 16, 1992)
Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 High Low Composite “300” 3529.93 3518.57 3530.84 3545.55 3587.64 4009.47 3009.91 Metals & Minerals3079.29 3064.28 3070.09 3093.68 3109.33 3453.06 2502.63 Integrated Mine…
FINANCING (March 16, 1992)
Melinga Resources Ltd – 1,700,000 units consisting of 1 sh and 1 series A purch wt offered @ $1.04 per unit. Gold Giant Minerals Inc – 700,000 shs offered @ 35 cents per sh. Arizona Star Resource Corp…
GOLD FUNDS (March 16, 1992)
BGR Central Net Value $8.22 $5.16 Price $7.50 $4.600 Discount 8.75% 10.9% Value $48,937,000 $77,391,780…
Unlisted Trading (March 16, 1992)
Shares of Strike Minerals got a boost during the week ended March 10 as the company announced a drill program on its 31-claim property in the Shining Tree area of northeastern Ontario. Although a frea…
INSIDER TRADING (March 16, 1992)
Pierre Gauthier, chairman of Montreal-based St. Genevieve Resources (TSE) and its 20% owned affiliate Societe Miniere Louvem (TSE), was active in the stock market recently. According to the Ontario Se…
Verdstone raises funds for drilling
Drilling is expected to begin shortly on the Newton Hill gold-copper property under option to Verdstone Gold (VSE). The company recently completed a unit offering consisting of 600,000 shares and 1.2 …
Alberta Stock Exchange (March 16, 1992)
Topping the most active list at over one million shares, Argus Resources tacked on 2 cents to close at 32 cents for the week ended March 10. The Calgary-based junior has a sizable land position in the…
TSE Short Positions (March 16, 1992)
Semi-monthly reports as of February 28, showed 24,809,797 shares of 611 issues compared with 24,638,727 shares of 600 issues on February 15. Larger individual positions included: Amer. Barrick 225,075…
PROFILE (March 09, 1992)
Next month President Michael Spoko, 53, will succeed retiring Donald Phillips to become Inco Ltd.’s chairman and chief executive officer. Asked as to why he was chosen for the top job, Sopko replies, …