GREY:STTYF - Post by User
Post by
Kewl2on Oct 31, 2012 8:53am
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Post# 20543214
3Q Financial Results posted on SEDAR
3Q Financial Results posted on SEDAR FYI -- the 3Q Financial Statements for SND are now available for review on SEDAR.
NOTE: News (to me) was that SND has written off approx 30% of it's investment in TERREX. This is a good sign as mgmt is slowly dealing with the original bad streams and positioning for the future!
" Net loss for the three months ended September 30, 2012 was $5.4
million compared with $0.4 million for the three months ended
June 30, 2012. The increase in net loss is primarily attributable to a
non-cash impairment charge of $5.1 million relating to the Terrex
Energy Stream"