Mr Miller....DFR was taken over by INCO so you can no longer access them through their symbol...at least I couldn't find any way to...if someone else has a way of pulling up an old chart I would love to have it..... all I can give you is the links.....the first one is a historical record of Voisey Bay and it lists everything in chronological order if you can't access it from the link here is a printout: It ran in the Northern Ontario Business July 5th 1997
ontarionorth.com
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Tracing the past of Voisey Bay
The following is a chronology of events surrounding the Voisey Bay nickel, copper and cobalt find in Labrador:
September 1993: Voisey Bay was discovered by prospectors working for Archean Resources Ltd. of St. John's, Nfld. The prospectors were contracted by Vancouver-based Diamond Fields Resources Inc. to explore for diamonds.
January 1994: Diamond Fields Resources staked approximately 2,000-square kilometres in Labrador, 10 kilometres from the tidewaters of Voisey Bay.
November 1994: Assays confirmed that the average nickel ore grade, at 3.6 per cent per ton, was twice as rich as Sudbury ore grades. The deposit also contains 2.17 per cent copper, 0.15 per cent cobalt and traces of precious metals. The news sparked a staking rush and within one week 13,000 claims were staked in the area by individuals, groups and large mining companies.
April 1995: Vancouver-based Teck Corp. purchased a 10.4-per-cent stake in the Labrador deposit at a cost of $108 million. Archaen Resources holds a three- per-cent net smelter royalty in the find.
May 1995: Diamond Fields co-chairmen Robert Friedland and Jean-Raymond Boulle announced the appointment of John Paterson as executive vice-president with responsibility for operations at Voisey Bay. Paterson was formerly manager of process technology for Inco's Sudbury operation.
May 1995: Friedland and Boulle announced the appointment of Clifford Carson as president of Diamond Fields Resources. Carson was formerly senior vice-president of marketing for Falconbridge Ltd. in Toronto.
June 1995: Inco. agreed to purchase a 30-per-cent stake in the deposit, along with seven per cent of Diamond Field's shares, at a cost of $700 million.
June 1995: Shares of Diamond Fields, which were valued at less than $4 last November, toppled the $80 mark.
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the final link was from Source News and Repots March 27, 1995
sddt.com
Canadian Nickel Miner Inco Makes $3.3 Billion Offer for Diamond Fields
March 27, 1996
TORONTO (AP) - Canadian nickel miner Inco Ltd. on Wednesday made a $3.3 billion takeover offer for Diamond Fields Resources Inc., a Vancouver company that owns the rich Voisey's Bay nickel deposit in Northeastern Canada.
The Inco takeover bid tops Falconbridge Ltd.'s earlier $2.94 billion bid for Diamond Fields.
''We believe the total consideration in our offer is clearly superior to that in Falconbridge's offer,'' Inco chairman Michael Sopko said in a release.
The move comes two weeks after Diamond Fields rejected a $955 million proposal that would have made Falconbridge and Inco equal partners in the Voisey's Bay discovery, the richest mineral find in Canada in decades.
''The Inco offer provides Diamond Fields shareholders with the opportunity for significant ongoing participation in Voisey's Bay,'' Sopko said.
''From Inco's perspective, this transaction is consistent with our stated corporate objectives of expanding the company's nickel production and improving its cost position.''
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Old news but can be a learning tool don't you think? I know experience has made me wiser......
Darlene |
