Business
Metalore Resources Ltd. - News Release
MET:TSX TORONTO, Aug. 13 /CNW/ - Although new accounting guidelines have required the Company to ...
About this update from Metalore Resources Limited
[{"type":"text","content":"\n\n\n\nMET:TSX\n\n\nTORONTO, Aug. 13 /CNW/ - Although new accounting guidelines have required\nthe Company to write off, accrue debt and expense more entries, slightly\nhigher Natural Gas prices have enabled Metalore Resources Limited to improve\nits First Quarter Net Earnings to 10 cents per share compared to 8 cents per\nshare for the corresponding previous Fiscal Period.\n\n\nThe Company continues to strengthen its Financial Position. With a\nportfolio of high yielding marketable securities at an all time high and\ncurrent liabilities at a several year low, Metalore's Current Ration\n(assests/liabilities) has been improved from 3.0 to 1 to 3.6 to 1.\n\n\nComplete Financial Statements and Management's Discussion and Analysis\n(MD&A) may be viewed on the SEDAR website after August 14/08.\n\n\n","length":857,"tagName":"div"}]