A6 - The Terrace Standard, Wednesday, November 23, 1994 list ONE OTHER company is in the running for a gold property near Stewart that’s for sale. Royal Oak Mines vice president Ross Bums won't confirm the company is going to make a bid for the. Red Mountain property but did say it has studied the pos- sibility. This is the second time that Royal Oak has shown an interest in Red Mountain. Earlier this fall it tried to buy Lac Minerals when that company owned Red Mountain. Royal Oak’s bid fell through and American Barrick ended up buying Lac. And now American Barrick has put Red Mountain and three other former Lac. properties on the market. Also making a bid for Red Mountain is Westmin which al- ready has the Premier mine and mill near Stewart. “We've certainly had a look at it but I we won’t be saying if we are going to make a bid,” said Royal Oak vice president Ross Burns last week. He said any bid will be made ptivately to American Barrick which will then release the name of the successful bidder or bid- ders after a sales dea] has been concluded. “T don’t think you'll see a lot of public bids. This sale will proba- bly be: privale for now,’ Burns said. © Burns did say Royal Oak has also looked at the other properties American Barrick has on the market Vancouver-based Royal Oak and owner Peggy Wilte have be- come prominent within the mini- ng and financial industics for the aggressive way in which Lac Minerals was pursued. Out & TERRACE STANDARD THE GRAND opening of Forwest drew a sizeable crowd for a tour of the city’s latest value- added wood product mill. They also heard about the possibility of expansion in the future. Forwest eyes growth GIVE US the wood and we'll create the jobs. That was the word from Forstar Trading presi- dent Mike Thorpe at last Friday's official opening of the Forwest mill. The mill is a joint venture between Forstar, a lower mainland company with long experience in the field, and West Fraser, owner of Skeena Saw- mills. Describing the term value-added as often over- used, Thorpe said that really meant ‘'doing more with less”, Companies that didn’t take that line risked bec- oming obsolete, he warned. Turning to Forwest’s plans for the future, he emphasized wood supply would be the key. The volume from the Small Business licence the company now holds was enough to keep the mill running on one shift, be expecied. and it would go to a three shift operation. However, Forwest was chasing other wood and if those efforts were successful, expansion could An addition 10 the mill would double its-size .. That would create an 65 new jobs in addition to take total employment to 90. At that time the mill would also start doing more work to the wood than it does naw. That would include finger-jointing, laminating and even producing spindles, Skcena sawmill's Don Chesley later explained. ‘‘That's really ad- ding the value and is labour intensive,” he added. Even taking the wood to the stage it docs now represented additional value from traditional markets. Skeena Sawmills currently supplies Forwest with lumber under a wood exchange arranged on Forwest’s first licence, Chesley noted the quality of that wood was such that the sawmill could only have sold it as number 3 or even economy grade dimension lumber, However, by extracting the good wood from the larger pieces, Forwest was able to get a better return on the timber. He said Forwest currently had bids in on wood — in the Morice and Bulkley timber supply areas. _ IE the bids were successful, Forwest would ar- tange a wood exchange with one or other of the West Fraser mills in the northwest. Band not a sponsor THE GITANYOW band isn’t on the list of sponsoring agencies of a skills training program for workers laid off from a sawmill at Gitwangak. Although people from the band may have worked at the former Westar mill, Skeena MLA Hel- mut Giesbrecht said program sponsors are the Gitwangak In- dustria] Adjustment Strategy committee, the Gitwangak Educa- tion Society and Northwest Com- munity College. The provincial government an- nounced several weeks ago-it was ~~~ putting in $80,000 for the retrain- ing program. That's on top of monies the fed- eral government has already com- mitted to the project. The mill has been bought by the Gitwangak band but operates pe- riodically and with less people than before because it docsn’t have a secure timber supply. * Special Requirements...No Problem For specialty trucks and vans or modifications to suit your business, give me a call. I can find the vehicle for your specific needs. Norm Flann phone 635-4941 Commercial & Fleet 1-800-8MCEWAN [1-800-862.3926) Manager SALES & SERVICE Terrace GENTRE Hwy. 16 West Terrace FINANCIAL PLANNING DISCUSSION Place: Date & Time: Whalen, Beliveau & Associates, Inc. wish to invite you toa common sense discussion on “Financial Planning and You”. Coast Inn of the West 4620 Lakelse Avenue East Meeting Room November 29, 1994 at 6:30 p.m. Our topics will be based upon the building blocks for suc- cessful financial planning; How to accumulate money. How to protect your most important asset and how to plan for and enjoy a well deserved retirement, BETTER MAKE changes to any highways ministry phone lists you have. A recent series cf shifts have resulted in new pcople doing new things. First up is the filling of the dis- wict highways ministry man- ager’s post that became vacant ‘when John Newhouse transferred to Victoria. This post will be filled over the next two years by four six-month appointments to give people a taste of that kind of management position. The first six-month posting is going to Linda Zurkirchen, who is now one of the district’s area road managers. One of the other six-month postings will be Gilled by Randy Penner, who is now in charge of area bridges, The new regional paving man- ager is Loren Kelly who comes to Terrace from the post of Smithers highway district manager. ~ There are also new district man- agers in Smithers and in Dease Lake. tok kkk There's a familiar name wark- ing for the provincial govem- ment’s new Forest Renewal B.C, ageHcy, Norma Randle is one of three people working in the agency’s public relations office. A resident of Terrace for years, Randle was a long time executive assistant to former NDP MP Jim Fulton. © She and her family moved to Vancouver Island in 1989, Forest Renewal B.C, is charged with spending moncy to improve the growing of trees and to fix up past damages caused by logging practices and other work in the woods. kkkkk LONG TIME Kitimat-Stikine reglonal district treasurer Lucey Wood has been given an award by the Certified General Accoun- tants Association of B.C. The JM. MacBeth Award of Merit recognizes outstanding ser- vice and participation. She was recommended for the award by the association’s North Coast/Bulkley Chapter. The award is named alter the associatian’s first president to be elected from outside the lower mainland, kk kkk There's been a steady flow of people signing up for Avco’s Kermodei Kash program, says company Terrace manager Mitch Stolarchuk. The program features six-month intercst free loans issued in traveller-cheque format which are honoured by participating mer- chants. It’s meant to boost Cliristmas shopping sales in Terrace and area, “We're seeing a littl more ac- tivity now that we’re closer to Christmas,” said Stolarchuk. There are approximately 50 par- ticipaling merchants. ka kkk Due in court next month on cight charges of failing to comply with the conditions of a waste disposal permit is Alcan. The company is alleged to have | exceeded its permitted discharge limit twice into Moore Creek and six limes into the Kilimat Arm between last November and this March, Alcan says there’s no evidence of environmental damage and that the incidents took place during , periods of heavy rain. “We believe that we have used all due diligence with respect to the issues that are raised in these charges,”’? said Alcan Kitimat Works director Eric Sykes, kkkkk Hazelton areca bands have joined together to start a travel agency, There’s no official name yet for the agency which get its financ- ing from participaling bands. Kispiox band manager Brian Seating will be limited so if possible, please call us toll free 1-800-818-1887 to confirm your attendance. People arriving without confirmed seating will: be admitted up to the capacity of the meeting room, Please j join us sand bring your financial questions Refreshments will be served.’ _John Brighten “Chartered Financial Planner Features like: -@- Driver's side air bag 4.3L V-6 200 horsepower @ 4-wheel anti-lock brakes Driver’ control system WHY MOVE MOUNTAINS... — WHEN YOU CAN Drive Over THEM. 1995 Chevy Blazer 4-Door Chevrolet invented the species in the early ‘8s and now we've redefined it for the ‘90s: The 1995 Blazer is all new from the inside oul: sleek, rounded acta styling: atotally new interior; new comforts and conveniences; new slandard safely features and an exclusive - new | Blazer Driver Control System that precisely harmonizes suspension and steering J for exceptional driving contral, z AM/EM stereo cassette ; ..@-Cruise:control. © _ m- Alloy wheels —& Andimuch, much more! Williams says the agency will provide jobs and do away with the need for Hazelton area resi- dents to go out of the area to British Columbia's Best Chev: Olds | Ge@ Dealers make travel arrangements,