Word: bine
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Dates: during 1940-1949
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...tricky brace of Yale backs used everything in the books to gain an early lead. Two passes by Cotton Smith and John Robertson, and an end sweep by Smith accounted for the Eli's first-half tallies, but in two of the scores the Bine failed to convert, leaving the half-time tally 19 to 14 against the Crimson...
Gilbert La Bine knew that cobalt stains on rocks are a pretty good indication of hidden, precious minerals. In 1930, remembering that he had read or heard somewhere that there were cobalt stains on the east shore of Great Bear Lake, he set out to see. He made part of the trip by dog sled, arrived at Great Bear Lake where the thermometer registered 70° below zero...
...Said La Bine: "As I looked over the shore, I noticed a great wall there was stained with cobalt bloom. . . . Following along, I found tiny dark pieces of ore probably the size of plums. Looking more closely, I found the vein. I chipped it with my hammer, and here it was pitch blende." At that time, pitchblende was famed as a source of radium. Neither La Bine nor anyone else could then guess the greater significance of his find...
Borrowing from U.S. financiers, Pros pector La Bine and his prospector-brother Charles built a refinery at Port Hope, Ont., hired scientists to do the technical work, and began producing radium (sale price: $25,000 a gram). It meant little to them that one of the by-products was uranium oxide. Had it not been for World War II, their prosperous Eldorado Mining & Refining Co., Ltd., which netted $280,000 in 1942, might still be producing dividends for shareholders scattered all over the U.S. and Canada...
Cries from Stockholders. On Jan. 28, 1944, Eldorado was expropriated by the Canadian Government - in perpetuity. La Bine and his associates were kept on as hired hands, but the company's share holders, irked and mystified, were paid off - $1.35 per share (total cost to the Government: more than...