BUSINESS ‘ PIN WILL CLOSE NEXT YEAR In the Vancouver Sun Pine Point Mines Ltd. in the Northwest Territories had a much better year in 1986 and astrong first quarter this year but lead-zinc mining opera’ will still cease by this time next year, affecting about 400 ‘employees, the pany’s president told sh this week. David Johnson was confirming the previously announced intention to close the mine because of depleted reserves. Despite the stronger financial performance and reduction of debt, “management still feels it is too early to consider a dividend payment,” Johnson said. Pine Point, controlled by Comingo Ltd., earned $2 million in 1986 compared with a loss after extraordinary items of $44.8 million the previous year, Johnson said. In the first three months of this year, the mine earned $4.4 million on sales of $25.5 million compared with a loss of $7.5 million on sales of $19 million in the year earlier period. “Operations other than shipping and sales will be completed by-this time next year,” said Johnson. “A i ... but mining operations in July and the will be laid off mid-1988. A small crew of aboub25 will remain until concentrate shipping and reclamation activities are completed. Pine Point employed 437 at the end of last year. Johnson said concentrate sales will continue to the company’s existing customers until 1990. “Up to 150,000 tons of the lead concentrate to be produced under the current mining plan and surplus to Mitsubishi Cominco's current needs has been committed for smelting at this customer's smelter in Naoshima, Japan. “There have already been offers and much interest expressed by the people who wish to purchase specific assets,” said Johnson. “There does not appear to be an economically sound alternate use for the corporation's townsite assets and because of this the assets will be sold or demolished and the sites cleared. “The community of Pine Point will likely cease to exist by 1991 as the government of the Northwest Territories has indi d its i i to uM} withdraw services due to the lack of a viable economic base once the mine closes.” Johnson said assistance will be given all employees who remain in their jobs as.long as required. Severance pay and ie i will be provided. “The government of Canada is jointly funding the relocation program and the government of the Northwest Terri' is providing itional social services and counselling in the community to help people cope with the changes,” said Johnson. Stock report TORONTO (CP) — An tomers climbed half a per Goldinvest By RON NORMAN " Editer Pesst! Wanna tip? Invest in gold, but be careful of junior high tech compa nies. At least that’s the advice of Vancouver stock promoter Arness Cordick. Tin very Lallish ‘se the price of gold.” Coralalgighl 6 Castlegar Chamber of “We're going to see gold move up.” wever, that shouldn't look for gold to jump like it did in the 1979-80 boom when the price went from $400 to $800. Cordick noted that As thé price of gold climba, more companies come on stream because it is once again profitable to mine the ore, He warned the 20 chamber members present to investigate junior high tech companies before investing. “You've got to really look at the management,” he said. ‘The problem with junior high tech firms is that they. going after a $4 or $5 billion market in which they mu compete with giants like IBM and Apple. Cordick said it may take the companies three to five years to get into production t 10 of the stocks on the VSE are “high technology” stocks and most of thosé are headquartered in and by that time IBM or Apple could have a similar product the US. on the market. “Hi tech can be very profitable, but you have to be very careful,” he said. vl As well, not all the VSE’s investors are from Western Canada. Cordick said the VSE raised more than $700 million last year — $525 million through private placements. Only Cordick, who works for Canarim Investments Corp. of one-third of that money came from Western Canada, with a Vancouver, also detailed how the VSE operates and a bit of * quarter from Europe and another quarter from Eastern the exchange’s history. “We're not just a Western Canadian exchange anymore, Canada. Cordick said the VSE is attractive to companies that we're an international exchange,” he said, pointing to want to go public because it has less. stringent listing companies on the exchange that have properties in places like Mali, southeast Asia and the U.S. Cordick said the VSE ranked third in 1986 in North America for total volume traded — behind Toronto and New q) than other and maintain the listings. In other chamber news, two students from Stanley Humphries dary school's C Attack and it costs less to list York. It ranked 10th overall in dollar valte-traded. _-___—Erin-Finney and Jodi Audet,’ reported on the program's But unlike New York or Toronto, the VSE focuses on activities over the last few months. junior resource developments. “We put our emphasis on small start-up si In addition, Gary Pearson, who stepped down as he b said. president last year because he plans to move from the area shortly, was presented with a special plaque in Historically, mining stocks have been the foundation of honor of his work for the chamber. me TRA | BUIL “'Rink-Rat’’ Brown ibis Written and pertormed by Kenneth Brown. Trail & District Arts Council Last Concert LIFE AFTER HOCKEY Tuesday, April 28 Troll Jr. High Auditorium — 8:00 p.m. Out of Town Guests of Members . . . Tickets at the door $10. chevrolet oldsmobile itd. _ Riverview” 2880 Highway Drive Bobby says we are in desperate need of Quality Used Vehicles 368-9134 Trail, B.C. Dealer Lic. #7683 Riverview Chev Olds Ltd. is pleased to announce our first ever “Bobby Says” Sale You remember Bobby!!! There’s More! G.M.’s $750 Cash Rebates on selected models such as °86 & ’87 Novas © ’86 & '87 Firenzas °87 Cavaliers, Celebritys, Cieras Plus all full-size Pickups Offer expires April 30, 1987 Red Wings do TORONTO (GP) — Shawn Burr and Gerar Gallant to lead the Detroit Red Wings back picture with a 42 victory Saturday night over the Toronto Maple Leafs. The win was erucial for the Red Wings, who dropped their opening two games at home to Toronto in the best-of-seven Norris Division final. Game 4 will be played here Monday night. Burr scored his second of the game and fifth of the playoffs 49 seconds into the second period to give the Red Wings a 3-2 lead and their first lead in the series. Gallant clinched the win when, at 7:69 of the third period, he took a pass from Steve Yzerman on a 2-on-1 break and snapped a shot past Toronto go lan Bester. Mike Allison and Dan Daoust for Toronto and Gallant and Burr for Detroit scored in the first period. After Burr’s second goal of the game, inside'the opening minute of the second period, Toronto coach John Brophy took his first big gamble of the series by pulling goaltender Ken Wregget and replacing him with Bester. Wregget, who was 1 ri the six-g: series against St. Louis and the opening two games against Detroit, appeared unsure of himself on each of Detroit's first three goals. Bester, although he has seen no action in this year's playoffs and has not started a game since March 21, had a great year in net against the Red Wings. He appeared in all eight regular season games and allowed just 16 goals — the primary reason the Leafs held a 5-2-1 edge in the regular season series. j Glen Hanlon turned in a solid effort in the Detroit net. But thanks to the diligent effort by his teammates in front of him he was forced to face just 22 shots. FANS ESXITED A carnival atmosphere prevailed outside the game with the hucksters selling all sorts of playoff paraphernalia. The biggest mover this night was a $6 plastic black fedora with white lettering on the band that read Brophy’s Boys. Also on sale were Leaf T-shirts, cardboard goalie masks and corn brooms, dyed blue to herald the hoped-for Toronto sweep. inereasse in interest rates centage point to 9.25 per this week threw a dose of cold water on an overheated stock market, analysts said Friday. Toronto Stock Ex change’s composite 300 index lost 53.97 points during the week, 33.1 points on Friday alone, to close at 3,733.28. In New York, the Dow Jones industrial average lost 60.62 points over the last five years, dropping 45.60 points Friday, to close the week at 2,235.37. Toronto analysts blamed the decline on higher interest rates. The prime rate offered by banks to their best cus. cent. “My sense is that rates will go up much more but they've thrown some cold water on the market and dampened some of the heightened spec. ulation,” said John Ing of Maison Placements Canada Inc. The correction is healthy because of the speed of the market's rise earlier this year, he said. “There's a need for seasoning.” Ira Katzin of Prudential Bache Securities Ltd. called it “fantastic.” “It just had to correct it self,” Katzin said. “But when it comes back, it will come Job openings Details of these and other job opportunities are available at Trail Canada Employment Centre 835 Spokane Street Phone: 368-5566 Heirdressers are required in the Trail and Castlegor area. (10 53,134) Certified Pre-School Program Co-ordinator required in Trail (128) Experienced cook is required in Trail. (170) Foodservers required in Trail area, (150 and 168) A Figure Skating Instructor is required in Castlegar. Must have 1 instructor, 5th figure and Dance certificates. (165) A bekers helper trainee required tor a Trail establish ment. Night shift only, Wage 1s $4.50 per hour. (164) back with a On the other exchanges: the Montreal Exchange index fell 48 points to close the week at 1,840.32 and the Vancouver Stock Exchange index, inspired by gold pri ces, climbed 64.46 points during the week to close at 5 record high of 1,992.89. In Toronto, the gold and silver subgroup of the index was the biggest gainer dur ing the week, adding almost six per cent of its value as the price of gold bullion rose $24 US an ounce during the week to close at $462.50 US. On the downside were: paper and forest products which lost 5.7 per cent for the week, almost all of it on Fri day; management companies, down 4.87 per cent or its biggest weekly percentage loss since February 1984. HOMEGOODS FURNITURE WAREHOUSE Tues.-Sat., 9:30-5:30 China Creek Drive a Little to Save a Lot TOP $$$ PAID FOR YOUR TRADE-IN Lowest prices you will find anywhere on our few remaining '86 models The innovative Chevy Nova with such options as: * Air conditioning * Automatic transmission * AMIFM stereo cassette From only $12,9027° Stock no. 0286 And for performance you can count on The 1986 Chevy Spectrum Starting at only $8,980 Stock no. 4028 HURRY! There are only 2 left! How about this! The Exciting ’86 Olds Calais Too many features to mention NOW ONLY $15,885 Stock no. 0174 Need a Pickup? How about this for value! The popular 1986 Wrangler package You have to see this one ‘OR ONLY $42,850 Stock no. YP9126 We can’t forget Bobby’s Special of The Week ONE ONLY NEW 1986 Oldsmobile Firenza #4 cyl. fuel injection = Standard transmission * Air conditioning * Cruise contro! * Power windows * Power locks * stereo To list afew! Mtg. sugg. list price $15,253.00 NOW ONLY $12,986 Stock no. 4509 PLUS 3.9 % Financing o.ac. on all 1987 S-10 Pickups and Blazers Based on 24 month term There is also over 70 New 1987s available for immediate delivery All at Great Savings to You For the dollar conscious buyer 7 low mileage demonstrators Various models to choose from Don’t Forget The exciting new ’88 lines! Sporty Beretta Thrifty Corsica All new full-size Pickups ALL NOW AT iverviewW chevrolet oldsmobile Itd. 368-9134 2880 Highway Drive Trail, B.C. GREAT CHASE . . . Castlegar Stars forward (top, in white) and Penticton defender chase down ball during match Saturday afternoon atthe fF a7 Kiwanis soccer field. (Bgttom) Penticton midfielder goes over top of Osoyoos opponent to head ball during game Saturday morning. Teams are taking part in a three-team Portuguese soccer amount this weekend. Finals will go today at the Kiwanis field. CosNews photos by Ron Norman That here carried over into the opening minutes when the Leafs took a 1-0 lead at 6:48 on Allison's power-play goal. Defenceman Rick Lanz fired a low shot from the point which was deflected in front by Allison. The lead was short-lived, however, as 41 seconds later Gallant tied the game for Detroit. Joey Kocur took a wrist shot from a sharp angle and Wregget thought he had the puck stuck between his pads and the post. The puck, though, squeezed through, bounced behind him and was poked into the net by Gallant. DEFEAT WINNIPEG uble Maple Leafs Detroit took a 2-1 lead at 12:28 on a seemingly innocent shot that came off a 3-on-2 rush, Burr let the shot go from the slot and it appeared to handcuff the Leaf goalie who could only manage to get. piece of it with his glove hand. TIES G; ye ‘That lead didn’t last long either, as 38 seconds later Daoust scored his fifth goal of the playoffs on a hard slapshot from ‘the slot that zipped by Hanlon and just under the crossbar. Burr's second goal of the game and fifth of the playoffs, one of the soft variety 49 seconds into the second period motivated Brophy to switch goaltenders. Burr's soft shot appeared to mezmorize Wregget as it rolled up and over the arm of his glove hand and into the net. Bester’s sharp play that followed was in contrast to the flat effort exhibited by his teammates the rest of the period. Thoroughly bottled by the Wings persistent checking, the Leafs managed just three shots on net in the period compared with 13 for Detroit. Still, Toronto almost managed to tie the game when with just over a minute left in the period a shot came back through the Detroit crease off the back boards ing Hanlon to make a skate save when Toronto's SteveThomas poked the loose puck towards the open corner. \ Oilers one win away WINNIPEG (CP) — Jari Kurri scored twice, once in the second period to brak a 1-1 tie and again in the 8rd, as the Edmonton Oilers defeated the Winnipeg Jets 5-2 Saturday night to go ahead 3-0 in the NHL Smythe Division final. Wayne Gretzky added three assists as the Oilers can now wrap up the best-of-seven series with a win in Winnipeg Monday. Esa Tikkanen silenced a frenzied Winnipeg crowd of 15,557 by scoring early in the first period, but Doug Smail got the fans back on their feet with his shorthanded goal with just under four minutes gone in the second. A sprinkling of Oiler cheers could be heard when Mark Messier buried the Jets with a goal just 1:35 after Kurri made it 3-1. . Paul MacLean revived the Jets hopes with a goal at 13:03, but Glenn Anderson added an empty-net goal with only 37 seconds remaining. - Edmonton's Grapt Fubr sparkled in goal during the often plodding game,’ which featured long conversations between the linesmen and players after each whistle. The white-clad crowd chanted “Pokey, Pokey” as Winnipeg’s Eldon “Pokey” Reddick made an amazing glove save off Edmonton's Kent Nilsson and got a pad in front of a Messier shot. He finished the game with 21 saves. Neither team managed a power-play goal, even though both enjoyed two-men advantages during the contest. The Jet power play ended the night 0-5, while the Oilers failed ta The cheers of. a thunderous standing ovation still ringing in their ears, the Jet stormed the Edmonton net in the game's opening moments, but couldn't bet Fuhr. COLLECTS OFFERING Tikkanen opened the scoring a 2:55 of the first when Gretzky intercepted a pass in the Oilers’ zone, then flipped the puck over the pressing Jet defenceman. Tikkanen collected the offering, sped in on Reddick and beat the rookie with a shot to his stick side. That goal seemed the subdue the Winnipeg fans until 3:55 when Smail tied the game. Playing shorthanded, the tenacious little winger harrassed the puck away from Edmonton defenceman Paul Coffey and broke in on Fuhr, beating him with a low shot to the glove side. ‘ ‘An explosion of noise followed the goal, as the fans, repsonding to a local promotion to “join the fight, wear white tonight,” shook white pom-poms and-blew horns. The noise again disa| after Kurri made it 2-1 at 17:18. He started the play by stealing the puck at the blue line Winnipeg defenceman Dave Ellett and threw it over to Gretzky. Gretzky broke in on Reddick, waited for him to commit himself, then slid a pass over to the trailing Kurri, who tapped it into the net. Sensing their team was on the ropes, the Winnipeg fans again started making noise in the third period, but Kurri’s second of the night and Messier’s sixth of the playoffs silenced them until 13:03 when, MacLean banged in a score in four attempts. BRANTFORD, ONT. (CP) — Brant- ford Mott's Clamatos scored seven goals in the third period to defeat Nelson Maple Leafs 10-5 Friday night in the opening game of the best-of. seven Allan Cup senior hockey cham pionship. The second game will be played here tonight. rebound during a scramble in front of Fuhr. After Brantford had scored the first three goals, Nélaon rallied to take a 4-3 lead heading into the final 20 minutes of play. However, \Brantford’s Joe McCallion turned the game around by scoring two goals early in the third period and the Clamatos took charge. The Clamatos Brantford wins first game outshot Nelson 19-7 in the final period for a 47-29 edge over-all. Peter Natyshak led Brantford with three goals and Scott Tottle, Rick Barkovich, Pat Graham, Stan Jonathan and Stan Weir scored one each. Kelly Evin seored two goals for Nelson. Lee Keller, Dave Kjolberg and Dave Branting also scored. Canada needs to win By NEIL STEVENS VIENNA (CP) — Canada has to beat Finland today if it wants to advance to medal play. That much is certain. The rest of what is happening at the 52nd world hockey championship is right out of a spy novel. ‘The International Ice Hockey Federation is to announce today what it will do in response to an injunction gained by the West German Hockey Federation from the Vienna high court demanding the IIHF ensure the decision it made Wednesday to strip the Germans of their two victories was within the letter of ITHF bylaws. The IIHF penalized the West Germans when it decided they had used an ineligible player, Miroslav Sikora. Sikora has returned to West Germany, but the backroom politicking has been heating up by the minute. The West Germans had defeated Canada and Finland, but the IIHF ruling awarded victories to those two countries. The undefeated Soviet Union beat Canada 3-2 on Viadimir Khrutov's goal with 4:30 remaining, and Finland defeated Sweden 4-1 Friday. That put the Soviets at 12 points, Sweden and Finland at eight and Canada and Czechoslovakia at seven — with Czechoslovakia holding a game in hand which it plays today against the West Germans. Four of the five teams will qualify for the medal round. Valeri Kamenski opened the scoring at 9:32 of the first period, whipping a wrist shot from the top of the faceoff circle when nobody in the building expected a shot. “He boomeranged it like a lacrosse shot,” said Froese. “It was by me and in the net before I realized he'd taken a shot.” Dino Ciccarelli got that one back 15 seconds later, cuttipg into the heart of the Soviet zone from a corner and sliding a low shot past goaltender Evgeny Beloshejkin. Sergie Makarov scored on a power play at 1:58 of the second period, scoring a goal similar to the one by Krutov. The Soviets have the play down pat. A defenceman zings a low shot from the blue line and a forward crosses in front of the goaltender to deflect the puck. Kirk Muller male it 2-2 at 16:49 of the second, sliding a puck under Beloshejkin's right let during a scramble. Forward Mike Folm was named Canada’s best player, despite playing with a bad knee. The smart money would, of course, be on the Edmonton Oilers to take the Stanley Cup, but hey how about those Leafs? Toronto, with the goal-scoring of Rick Vaive and the goaltending of Ken Wregget will no doubt take Detroit in their current best of seven-game-series and I think you can't help but hope the Leafs sip the suds out of Lord Stanley's cup when all of this hockey business is over. This is a team that has been thirsty for a long time. If everything goes according to my plan, the Leafs will send Detroit back to the Motor City from the Gardens tomorrow night, having beaten the Red Wings in four games straight. But I would rather watch paint dry than watch the Edmonton Oil ers, or the Montreal Canadiens for that matter, win another Stanley Cup. What are the Oilers and the Canadiens going to do with another Stanley Cup? Having those two Surj Rattan teams win another Stanley Cup is like having the Vancouver Canucks suffer another loss. In other words, its been done so many times it's boring. But as far as the Habs go, there's really not much chance of them winning the Stanley Cup this year because they will not get past Quebec in the series they are playing right now. And it certainly doesn't make any sense for Quebec to win the Stanley Cup because the cup has already been in that province for so many years. You might as well give the Stanley Cup back to Montreal if that's your line of thinking. Well what about Winnipeg win. ning the Stanley Cup? That's not a bad idea because the Jets have never won a Stanley Cup before. However, there's just one small problem in wanting Winnipeg to take the cup this year, and his name is John Ferguson. I don't like John Ferguson. Winnipeg can’t win the Stanley Cup. So how about the New York Is- landers or the Philadelphia Flyers being crowned the National Hockey League kings this year? Nope, no ood You see, the Flyers have alrea: won several Stanley Cups, back # the days when they were known as the Broad Street Bullies and even though that was back in the 1970s, it's still too early for them to win another Stanley Cup. The New York Islanders do not deserve to win the Stanley Cup be- cause, well they're Americans, and I don’t like to see Americans win anything. Oh sure, they may have Cana. dians playing for them, but those Canadians are playing on the wrong side of the 49th parellel. So you see, it really only makes sense to have the Toronto Maple Leafs win the Stanley Cup. They're a Canadian team who have not won the Stanley Cup in a long time. Then again, there is one draw- back in having the Maple Leafs win the Stanley Cup this year. It'll make Harold Ballard happy.