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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: LITTLE NOTE ON FUTURE ONTARIO NATURAL GAS COST

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LITTLE NOTE ON FUTURE ONTARIO NATURAL GAS COST

posted on Oct 31, 07 04:26AM

Natural gas prices rising sharply in Ontario

CBC News

Nearly two million Ontario consumers will see their natural gas bills rise by an average of $257 next year, Enbridge Gas Distribution said Friday.

The Ontario Energy Board has already approved the increase, effective Jan. 1.

The price of natural gas has been rising across North America since hurricane Katrina damaged energy production facilities in the Gulf of Mexico. That led to reduced supplies of gas, and fears of a shortage this winter.

"Our natural gas prices are based on North American natural gas market prices," said Lino Luison, vice-president of Enbridge Gas Distribution. "Market prices have increased due to a tight balance between gas supply and demand."

Weather has also had an impact. Natural gas prices shot up last week when a cold spell swept across the northeastern United States.

"Expectations for a cold winter in the key North American heating regions, coupled with the supply issues resulting from a severe hurricane season, are resulting in continued pressure on natural gas prices," he said.

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