TORONTO, Feb. 12 /CNW/ - Metalore Resources advises that Forward Contracts, previously negotiated as much as one year ago, have enabled the Company to achieve record third quarter net profits of 17 cents per share and cash flows of 50 cents per share from Revenues of $665,916, compared to 8 cents and 23 cents respectively from $425,063 during the corresponding period last year. Management expects similar production revenues will be sustained throughout the fourth quarter; however, we anticipate subsequent declines in the price of Natural Gas and related profitability early in the upcoming fiscal year due to declining global economic conditions.