Controls Three Pickle Lake Gold Properties with historical resources
Trillium Acquires Land Adjacent To The Past-Producing Pickle Crow Gold Mine (1.47 million ounces of gold between 1935 and 1966; closed in a low gold price [$35/oz] environment)
Message: For what its worth....
Generic_profile
Rank: [?]
Mail Room
Points: [?]
171
Rating: [?]
Votes: 7 Score: 3.3
  • Currently 3.3/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: For what its worth....

posted on Oct 03, 08 11:36AM

The Company incurred a net loss of $1,554,931 for the period from October 17, 2007 (date of incorporation) to June 30, 2008.

This no doubt is the result of the massive drill campaign and implementation of that campaign announced in June.

At as June 30, 2008, working capital of $6,918,706 included cash of $6,984,456.

That's quite a cash hoard, and they will probably be able to get through most, if not all, of their drilling campaign and Pickle Crow Mine. They better hope they find well above average gold values or the stock will be in a rut for a long time. We stand to benefit of course should they find something dramatic.

New Message

Please login to post a reply

Executive Address
Tnm-strashin-bc
Dr. Elliot Strashin
President & CEO
March 04, 2008

The following broadcast is an Executive Address conducted with Trillium North Minerals President & CEO, Dr. Elliot Strashin

View Broadcast