News

Dundee-Palliser ponders $8 million Vezza program

After spending around $5.6 million at the Vezza Twp. properties in northwestern Quebec, Dundee- Palliser (TSE) and partner North American Rare Metals (VSE) are gearing up for an underground exploratio…




Cominco/Delaware project

On the approach to the SNIP airstrip 65 miles north of Stewart one begins to understand the hazards of minerals exploration in British Columbia. Sitting off to one side of the airstrip are the remains…


Queries Cusac stock is victim of market malaise

Since 1982, I have accumulated more than 30,000 shares of Cusac Industries. At a time when Cusac wasn’t making any money, I paid from $1.25 to over $3.50 for the shares. Now that the company is maki…




INSIDER TRADES (August 01, 1988)

Amer Barrick — R. M. Smith sold 28,000 to hold 48,860. Armsher — E. Sheriff sold 120,833 to hold 500,000. Audrey — Northgate Expl bought 1,809,155 (private) to hold 1,950,000. Augdome — A. Kohn so…


Citadel reports new discoveries at Surlaga bet

Already under way with an underground exploration program at its former-producing Surlaga gold property near Wawa, Ont., Citadel Gold Mines (TSE) reports additional results of surface exploration on t…


JFederal ruling on flow-through

Federal Finance Minister Michael Wilson has ruled that parties in a flow-through share agreement have up to 60 days after entering the agreement to set the price of the shares. This marks a change fro…


Falconbridge adjusts subscription price

Falconbridge Ltd. (TSE) says the adjusted subscription price for its common share purchase warrants, which expire July 27, 1989, will be $24.69, assuming the previously- announced $4.75 per share divi…


Black Swan seeking more Australian gold

After having achieved gold production within three years of a public listing — a rare enough accomplishment for a junior mining company — Black Swan Gold Mines (VSE) now expects to pay back its shar…


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