INSIDER TRADING (September 30, 1991)
Michael Pickens, the Yorkton Securities mining analyst who was instrumental in helping Wheaton River Minerals (TSE) to sell its initial public offering, recently became a shareholder of the Toronto ju…
News
Atlanta placement terms amended
Atlanta Gold (TSE) recently amended the terms of its private placement of stock-warrant units to Consolidated Ramrod Gold (TSE) at the request of The Toronto Stock Exchange. Subject to regulatory appr…
Deep-drilling polymetallic find Victor a major new discovery for
Crowning 16 years of exploration by Inco (TSE) in the Victor area on the eastern rim of the Sudbury, Ont., basin, three deep drill holes have returned assays that are little short of momentous. Grades…
PEOPLE (September 30, 1991)
Joseph Lechman appointed president.
GOLD FUNDS (September 30, 1991)
BGR Central Net Value $8.30 $4.94 Price $7.38 $4.400 Discount 11.11% 10.9% Value $49,398,725 $74,026,920…
New Paymaster reserve awaited
An updated reserve report is being prepared by Placer Dome (TSE) and American Reserve Mining (ME) following the completion of the current phase of deep drilling at the Paymaster gold project at Timmin…
FUTURES PRICES (September 30, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sep 109.55 106.90 107.40 + 3.00 Oct 107.40 105.70 106.50 + 3.80 Nov 105.60 105.00 105.40 + 3.40 SILVER (in US cen…
Canmine prepares for winter drilling
Canmine Resources (CDN) says it has identified an alteration pipe at its FER copper-zinc property in northern Manitoba that is similar to the pipes found under known volcanogenic orebodies. In January…
Spot prices at a glance (September 30, 1991)
Week’s Price (US) Change Gold* $352.40 + $4.40 Silver* $ 4.24 + $0.15 Platinum* $357.50 + $2.75 Nickel** $ 3.44 – $0.02 Lead** $ 0.24 …. Copper $ 1.06 + $0.03 Zinc $ 0.46 – $0.01 Courtesy of Scotiab…
Copper futures at 5-month high
The expectation in London that economic and political problems in South Africa will soon affect copper supplies recently drove futures prices to a 5-month high of US$1.10 per lb. But Richardson Greens…
Unuk drilling sparks market activity
Drilling on the Unuk project in the Eskay Creek region of northwestern British Columbia is generating some market excitement, particularly in the two junior companies involved. Granges (TSE) recently …
TORONTO STOCK INDICES
Sept 24 Sept 23 Sept 20 Sept 19 Sept 18 High Low Composite”300″ 3398.10 3396.61 3407.09 3411.95 3418.48 4009.47 3009.91 Metals & Minerals2893.55 2873.74 2894.73 2915.43 2919.88 3453.06 2502.63 Intergr…