Word: mattagami
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...floor, traders surged around trading posts, rushed madly from booth to booth waving order slips and shouting at the top of their lungs. The heavy trading was touched off by reports of a rich drill hole in a copper vein discovered more than a fortnight ago in the Mattagami area of Quebec by New Hosco Mines Ltd., a smalltime mining outfit. Shares of New Hosco, a longtime penny stock that sold for 17? three weeks ago, soared as high as $7.25-and took other stocks with it. At week's end. as assayers reported that a second drilling...
...think this would have happened four months ago, no matter what the drilling reports were. There was too much recession mood around then. But the thinking has been changing. It's a sign people are starting to think big again." Canadians gleefully termed the excitement on the exchange "Mattagami week...
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