People (November 20, 1989)
ACQUISITOR MINES — Steven Migliacci, a geologist of Val d’or, Que., appointed president succeeding Martin Roy who remains a director. Andre Berube resigned as director.
News
Gold funds as of Nov 14
MVP BGR Central Capital Net value $12.23 $6.09 $0.52 Price $11.25 $5.88 $0.33 Discount 8.01% 3.5% 36.5% Value $72,820,398 $102,565,042 N…
Gold or base metal shares, which offer better value?
Receiving value for their money is the aim of all investors. But where best to place one’s money need not always be a tricky question, as an officer with international securities firm James Capel rece…
Montreal Exchange Aur holds centre stage
The recent massive sulphide copper-zinc discovery in Louvicourt Twp. near Val d’Or, Que., continues to spark investor interest. The latest drill-hole results, however, did not send prices of either Au…
Alban acquires large acreage in Carlin
Two groups of mineral properties totalling about 500 acres were recently acquired by Alban Explorations (VSE) in the Carlin Trend of Nevada. The purchase price was a total of 300,000 Alban shares and …
Placer ups stake in U.S. Gold
A wholly owned subsidiary of Placer Dome (TSE) has opted for early conversion on a $4.5-million debenture of U.S. Gold (NASDAQ). The debenture, convertible into three million common shares, was due to…
Wilanour sampling
The initial underground exploration phase on the former producing Cochenour-Willans gold mine property has been completed by Inco Gold. The company, a wholly owned affiliate of Inco Ltd. (TSE), plans …
IOCC GOLD OPTIONS (November 20, 1989)
Options Open Series Volume Last Interest Nov 360 C 282 26.50 2,736 Nov 370 C 504 21.00 1,532 Nov 380 C 1,533 10.20 2,204 Nov 390 C 1,551 2.00 2,793 Feb 380 C …
Five directors quit after Richmond Gulf buys into Acadia
Richmond Gulf Resources (COATS) has become the largest single shareholder in Acadia Mineral Ventures (TSE) and all but two of Acadia’s original directors have resigned. Acadia became a dormant explora…
Platinova president downplays overblown’ Greenland results
Danish newspaper reports that the next motherlode has been discovered on Greenland’s eastern coastline are greatly overblown, says Platinova President Robert Gannicott. Following interviews with a Dan…
Plexus financing (November 20, 1989)
Plexus Resources (TSE) has filed a prospectus for the purpose of selling shares in Ontario, Alberta and British Columbia. A corresponding form was also filed with the Securities and Exchange Commissio…
Aur considers deep hole to test deposit (November 20, 1989)
Aur Resources (TSE) is weighing the possibility of drilling a 4,500-ft hole to test for a major depth extension of the burgeoning massive sulphide deposit it is exploring with Societe Miniere Louvem (…