GOLDEN GOOSE REPORTS ITS FINANCIAL RESULTS FOR THE THIRD QUARTER
Montreal, Quebec - November 22nd, 2007 - Golden Goose Resources Inc. (TSX - V: GGR) The Company is pleased to report its financial results for the three-month period ended September 30, 2007.
For the three months ended September 30, 2007, the Company reported a net loss of $288,582 (or $0.00 per share) compared to a net loss of $80,309 (or $0.00 per share) for the three-month period ended September 30, 2006. The loss for the three-month period ended September 30, 2007 was mainly due to general and administrative costs and stock-based compensation. In the third quarter of 2007, the Company raised $1.2 million in flow through capital to further develop its nickel property, Lac Levac, which reported new NI 43-101 resource estimates (Ni, Cu and PGM) at the end of July. Our cash position as of September 30, 2007 is over $4.0 million, all of which is invested in treasury notes.
This selected quarterly information must be read in conjunction with the quarterly financial statements filed on www.sedar.com for the quarter ended September 2007.
The TSX Venture Exchange has not received and does not accept responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Golden Goose Resources Inc.
Jean-Marc Lacoste
President
1 Place Ville Marie, Suite 2821
Mtl , Qc , H3B 4R4
Phone: 1-888-928-4667
Fax: 1-888-494-5371
Email: lacoste@goldengooseres.com
website: www.goldengooseres.com
RENMARK FINANCIAL COMMUNICATIONS INC.
BARRY MIRE : BMIRE@RENMARKFINANCIAL.COM
JAMES BUCHANAN : JBUCHANAN@RENMARKFINANCIAL.COM
MEDIA - VANESSA NAPOLI : VNAPOLI@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Golden Goose Resources Inc.
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CODE : GGR.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Goose is a gold exploration company based in Canada. Golden Goose is listed in Canada. Its market capitalisation is CA$ 19.6 millions as of today (US$ 19.5 millions, € 14.5 millions). Its stock quote reached its lowest recent point on December 29, 2000 at CA$ 0.04, and its highest recent level on December 31, 2007 at CA$ 1.25. Golden Goose has 51 562 000 shares outstanding. |