GOLD FUNDS (February 21, 1994)
Gold Funds as of Feb. 16 BGR Central Net Value $16.44 $6.63 Price $15.00 $7.25 Premium 9.4% Discount 8.78% Value $92,115,000 $131,219,925…
1994
TSE INDICES (February 21, 1994)
— 1994 — Feb 15 Feb 14 Feb 11 Feb 10 Feb 9 High Low Composite”300″ 4414.44 4395.20 4405.60 4441.97 4463.17 4601.09 4286.54 Metals&Minerals 3632.31 3589.38 3609.36 3720.86 3802.10 3855.09 3495.59 In…
NEWS ROUNDUP — Giant Bay drops Montanore
Unable to meet certain conditions of a merger agreement with Montana Reserves, Giant Bay Resources (TSE) has opted to pull out. Montana Reserves holds a 5% net proceeds royalty on the Montanore copper…
Review of Cinola planned by city
New management at City Resources (TSE) has decided that a previous feasibility study of the Cinola gold project is worth a second look. To that end, Chairman Ray Soper and President Robin Slaughter ha…
Euro-Nevada spinoff to focus on Latin American properties
The principals behind two hugely successful royalty companies are aiming to roll out another such entity. The targeted royalty investments this time are gold properties in Latin America. Currently, th…
PEOPLE — SANTA FE PACIFIC (February 14, 1994)
Patrick James elected president and chief operating officer; Richard Zitting appointed chairman and chief executive officer.
Amalgamation of Dickenson, Goldcorp before shareholders
Shareholders will vote March 16 on a plan to amalgamate Dickenson Mines (TSE), Goldcorp (TSE) and CSA Management (TSE). The boards of directors of the three related companies have approved a proposed …
Musto accepts MIM offer
The Bajo de la Alumbrera gold-copper deposit has been given the green light. Meeting in Toronto, officials from International Musto Explorations (TSE) and MIM Holdings announced they have agreed to de…
EDITORIAL PAGE — The digital nightmare
The age of the computer was supposed to have delivered us from the mountains of paperwork generated by our obsolete, pre-Information Age technologies. That deliverance seems decades away yet. If anyth…
Strong VSE trading trend continues into 1994
Market trading maintained its strength and stock prices rose on the Vancouver Stock Exchange (VSE) in January as the volume and value of shares traded surpassed December figures. Overall, the market c…
ODDS’N’SODS — Mine rescue remembered
In the summer of 1993, I was manning a tourist office in our village when an extremely lame man and his wife came in. After exchanging a few pleasantries, he asked, “Do you know a George Wallace who l…
Glamis Gold boosts Imperial interest
Gold producer Glamis Gold (TSE) plans to buy a 35% interest in the Imperial County project in California. In exchange for paying $1 million in cash to Arizona Star Resource (VSE), Glamis would acquire…