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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Dec 06, 1969
Page
14
Traders report a buoyant Sydney share market with Poseidon lifting other nickel stocks while Kie Ora faces lease hearing delays in WA. West Soe and related shares show modest gains, Crebone and Hab grouped stocks show varied prices, and overall activity is volatile with several entities listed.
The Leonora Western Australian Warden's Court wrapped in a swift session dealing with unopposed mineral claim applications after a 24 hour morning case. The three month nickel rush highlighted by heavy peg use and dispute over over-pegging dominated proceedings. Adjournments to February 4 reflected ongoing concern over claim selection and licensing.
The document lists numerous mining firms and prospectors with recommended approvals and adjournments across Western Australia. Entries include Southern Exploration at Mt Cumming, Nickel Mines at Laverton and Keora Bore, Tin Creek Mining at Salva finn, and others like Newmont, Amax, and North Fainason with various site allocations and conditions.
Frat Tasseer oH 155 SA Brew 13 Swan is a fragmentary line from an OCR page offering limited readable names and stray numbers without a complete event or context.
A volatile week centers on Poseidon shares surging toward historic highs while Buckinghams and Horderns react to bid rumors. Melbourne and Sydney traders watch London speculation on a possible break of the 51 barrier as United Motels and other nickel stocks ride the wave amid warden court notes and possible leases.
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