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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (6809)8/19/1998 12:30:00 PM
From: Kent C.  Respond to of 11676
 
Someone's still a bull on Canadian Juniors (never heard of this guy till today):

The Michael Urban Canadian Report
(copyrighted article for stockwire.com)

Tuesday, August, 19, 1998

The next leg of the North American bull market will finally result in a bull market for small cap stocks. BUY them aggressively.

For those willing to be extremely aggressive in the small cap arena, hea north to Vancouver and Alberta. Based strictly on an analysis of chart price and volume activity, the following Vancouver and Alberta stocks appear poised to lead the coming small cap charge: Donner Minerals (Vancouver: DML.V), Pan Asian Mining (Vancouver: PAR.V), Balcava Minerals (Vancouver: BIL.V), Xenotech, Inc. (Alberta: XEN.AL), Gallery Resources (Alberta: GYR.AL), Alberta Diamond (Alberta: ADI.AL).

Copyright 1998 The NIBAR Group, Inc. The Michael Urban Report is published by The NIBAR Group. Companies mentioned in The Michael Urban Report are NOT affiliated with The NIBAR Group nor are they clients of the NIBAR Group. The recommendations made in The Michael Urban Report are neither a solicitation to buy nor sell any securities. All information provided in The Michael Urban Report is from sources believed to be reliable but cannot be guaranteed. Any "internet banners" placed on The Michael Urban Report site are paid for by sponsoring companies. For compensation details of banners placed by NIBAR Group clients visit stockwire.com;



To: Buckey who wrote (6809)8/20/1998 11:47:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 11676
 
Toronto Stock Exchange -
Minimum original listing standards raised for mining and exploration companies
Toronto Stock Exchange TSE
Shares issued 0 1899-12-30 close $0
Thursday Aug 20 1998
Mr. Steve Kee reports
The Toronto Stock Exchange is revising original listing requirements for mining and exploration companies in order to raise the minimum standards for listing on the TSE. The proposed revisions raise the standards for companies wishing to list on the TSE by setting higher minimum financial requirements, stronger technical requirements, and demanding greater involvement and responsibility on the part of the sponsoring brokerage firm.
This initiative is part of a regular review of all original listing requirements to maintain the quality of listings and to reflect changing market conditions. The TSE last reviewed original listing standards in 1992. Revisions to original listing standards for other sectors (oil and gas; industrials) will be released later this fall.
The changes to original listing requirements for mining and exploration companies are effective immediately on an interim basis, subject to regulatory approval by the Ontario Securities Commission. The changes will be published in the OSC bulletin for comment.
The new mining listing requirements complement the recommendations of the Mining Standards Task Force, which are also aimed at raising standards in this sector.
The amendments raise certain minimum financial thresholds and clarify listing criteria:
Exploration and development companies must have minimum working capital of $2.0-million and net tangible assets of $3.0-million;
Producing mining companies must have $4.0-million in net tangible assets;
Applicants must submit detailed financial projections that correspond to their work programs;
Increased responsibilities of TSE member brokerage firms that sponsor mining applicants are clearly defined; for example, sponsors are required to scrutinize financial and technical submissions;
The minimum market value of publicly-held shares is doubled to $4-million.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals