Income Statement Quarterly

View: Annual Data | Quarterly Data

 (In thousands of Canadian dollars)

PERIOD ENDING

30-Jun-08

31-Mar-08

31-Dec-07

30-Sep-07

Gross metal sales

10,755

726

-

14,201

Treatment charges

1,754

4

-

1,751

Net metal sales 

9,001

722

-

$12,450

Expenses

Cost of sales (Note 9)

10,648

692

-

14,694

Depreciation and amortization

911

1,125

-

814

Write-down of properties

-

-

-

General administration

825

668

-

539

Warrants issued as fee for short-term financial arrangement

-

427

-

-

Stock-based compensation

-

-

-

336

Reorganisation and CCAA costs

34

-

-

74

Care and maintenance

318

584

-

15

Exploration

-

-

-

-

 

12,736

3,496

-

$16,472

Loss before the following items

(3,735)

(2,774)

-

4,022

Interest expense on short-term loan

(78)

(124)

-

(24)

Interest and financial expenses on long-term debt (Note 10)

(317)

(475)

-

(712)

Interest income

5

14

-

9

Amortization of deferred charges

-

-

-

-

Loss from operations

(4,125)

(3,359)

-

$4,749

Other income (expense)

Foreign exchange gain (loss)

-

-

-

Other (expense) income

1

(308)

-

809

Loss before taxes

(4,124)

(3,667)

-

3,940

Income and mining tax (Note 11)

-

1,622

-

-

Net loss

(4,124)

(2,045)

-

$3,940

Weighted average number of common shares (‘000)

446,445

432,605

-

$409,205

Loss per share undiluted and diluted

(0.01)

0.00

-

$0.01