Business
GOLDEN GOOSE RESOURCES INC. REPORTS ITS 2010 THIRD QUARTER RESULTS
GOLDEN GOOSE RESOURCES INC. REPORTS ITS 2010 THIRD QUARTER RESULTS
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\n Nov. 26, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nMONTREAL, Nov. 26 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is pleased to report its unaudited interim financial statements for the\n three and nine-month periods ended September 30, 2010 with comparative\n figures for 2009.\n\n\n2010 Third quarter operating results \nFor the three-month period ended September 30, 2010, the Company\n reported a net loss of $462,339 ($0.01 per share) compared with a net\n loss of $259,232 ($0.01 per share) for the same period of 2009. During\n the period, the Company recorded realized and unrealized losses of\n $147,244 on held for trading financial instruments coming from\n financial instruments received as consideration for the sale of Lac\n Levac property. Also during the period, general and administrative\n expenses increased to $301,311 from $173,943 for the same period last\n year, and comes from legal fees, consultant fees and other expenses\n related to the arrangement with Kodiak Exploration Limited ("Kodiak")\n announced on August 31, 2010. Stock-based compensation reduced from\n $204,335 to $14,853 due to 625,000 options granted in September 2009. \n Interest income increased from $601 to $21,385 due to the 8%\n convertible debenture received as part of the consideration for Lac\n Levac.  \n\n\nFor the nine-month period ended September 30, 2010, the Company reported\n a net loss of $338,014 ($0.01 per shar...