Post by
stinkinason on Dec 23, 2017 3:51pm
Volume is picking up, something is brewing ?
Financial Highlights
Loss before income taxes and other item for the nine month period ended June 30, 2017 was $4,477 compared to a loss of $3,980 in the same period in 2017.
Average price per ounce of gold for the nine month period ended June 30, 2017 was $1,184 (2016 - $1,145).
Average price per ounce during the three months ended June 30, 2017 was $1,239 (2016 - $1,209)
Profit after income taxes and other item for the nine month period ended June 30, 2017 was $250 compared to a loss of $3,980 in the same period in 2016. This was due to the net effect of eliminating Pimentn's assets and liabilities at May 30, 2017.
Basic loss per share for the nine month period ended June 30, 2017 was a 0.00 cents per share (2016 – loss of 0.01).
At June 30 2017, the Company had cash and cash equivalents of $28 compared to $37 at June 30, 2016. Cash flow from operations for the nine month period ended June 30, 2017 was negative $1,456 (2016 – negative $1,541).