OTCPK:CRUUF - Post by User
Post by
Oxyuridon Jun 06, 2003 12:39pm
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Post# 6149489
Quiet Board
Quiet BoardPretty quiet on the Norwegian, Greenland, Phillipine, and Ghana fronts.
Have been pleasantly surprised with the rapidity in releasing news lately, even if they did try to sneak one by us; releasing quarterly results late on a Friday afternoon. As expected, we were negative per share, but not as bad as I anticipated, -0.03 per share. Unless things change a bit I would expect similar results for the next quarter. We won't see any of the stock-piled gold being sold from Nalunaq until late 1st qtr or more likely the 2nd qtr of the next fiscal year. However, ETC may bouy the cash flow a bit since we certainly burned through a bit in the last quarter.
Nice to see a rise in gold prices.
GLTA
Cheers,
Oxyurid