Pezim wins stay of trading ban
The British Columbia superintendent of brokers consented to the stay of a one-year trading ban recently imposed on Murray Pezim, John Ivany and Lawrence Page until Jan. 11, 1991. The ban was to begin …
1990
Forward selling dulls gold’s volatility
One of the most hotly debated investment topics in recent weeks has been the question of why gold bullion failed to stage a dramatic rally in the wake of the Kuwait crisis. Gold, traditionally a barom…
People AKIKO-LORI GOLD
Paul Sorbera appointed vice-president and Albert Raponi appointed secretary.
NEWS IN BRIEF Comp-U-Software Ltd.
Comp-U-Software Ltd. has changed its name to Nucore Resources Ltd. (NCR:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.
NEWS IN BRIEF Denison Mines Ltd.
Denison Mines Ltd. (DEN:TSE) has announced that the cumulative quarterly dividend on the Preferred Shares Series A and Series B are not declared or payable on Dec. 15.
Investment dealers to ask for changes in tax rules
A representative of Canada’s junior mining sector says he fully supports a recent request by the Canadian investment community for changes in the federal tax system. In a recent submission to the fede…
Share volumes tumble in market slump
When people can’t sleep at night worrying about their investments, they tend to stay out of the stock markets, says Fred Ketchen, director of equity trading at Toronto- based ScotiaMcLeod Inc. Accordi…
Stratmin making rights offering
Montreal-based Stratmin (ME) is hoping to receive about $6 million from a rights offering. Holders of the company’s A shares, as of the close of business Dec. 19, will receive three rights for each sh…
PEOPLE MODULE RESOURCES (December 31, 1990)
Edgar Fenwick appointed director and corporate secretary succeeding Nick Desjarlais who resigned.
LETTERS TO THE EDITOR Moose leads Ontario prospectors to gold
The picture shows three prospectors and a moose; from left to right, Myron Nelson, the moose, Nolan Cox and me. The moose, born and raised on the Beardmore-Geraldton gold belt in northwestern Ontario,…
U.S. REPORT Hecla’s Republic mine draws interest to northern
The Republic district in northeastern Washington State is being given a close look by a growing number of mining companies hoping to duplicate the success encountered by Crown Resources (VSE) on sever…
Commission warns of bogus precious metal, oil and gas ventures
The Saskatchewan Securities Commission is warning the public to be wary of promoters who would capitalize on developments in the Persian Gulf by selling investments in precious metals. Although the re…