Business
Golden Goose Resources reports its financial results for the third quarter of 2008
MONTREAL, Nov. 6 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") is pleas...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, Nov. 6 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)\n(the "Company") is pleased to report its results for the third quarter and\nnine months ended September 30, 2008.\n\n\nFor the third quarter ended September 30, 2008, the Company reported a\nnet loss of $191,030 ($0.00 per share) compared with a net loss of $288,582\n($0.00 per share) for the same quarter of 2007. The reduction in the net loss\nis mainly attributable to a reduction in stock-based compensation from $92,348\nin 2007 to $11,069 this year and results from the fair value of options\ngranted in the second quarter of 2007. General and administrative expenses\namounted to $174,095, a cost reduction of $42,156 (19%) compared with the\namount of $216,251 reported last year.\n\n\nFor the nine-month period ended September 30, 2008, the Company reported\na net income of $345,477 compared with a net loss of $975,769 for the same\nperiod in 2007.\n\n\nThis selected quarterly information should be read in conjunction with\nthe financial statements filed on www.sedar.com for the quarter ended\nSeptember 30, 2008.\n\n\nABOUT GOLDEN GOOSE RESOURCES\n\n\nGolden Goose Resources Inc. is a Canadian public company listed on the\nTSX Venture Exchange under the symbol GGR. The Company is principally engaged\nin mineral exploration and acquisition and has a portfolio of gold and\nnickel-platinum group metals properties in Ontario and Quebec.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release.\n\n\n%SEDAR: 00004334EF\n\n\n","length":1667,"tagName":"div"}]