InvestorsHub Logo
Followers 42
Posts 20572
Boards Moderated 3
Alias Born 01/04/2011

Re: goldismoney1 post# 55682

Wednesday, 08/10/2016 9:09:38 PM

Wednesday, August 10, 2016 9:09:38 PM

Post# of 63744
There are many questions, main of which is for detailed specifics regarding and per what seems one of the most important paragraphs of this 2016 Q2 Earnings Report:

Net loss for the three and six-months ended June 30, 2016 of $13,486 and $36,620, respectively, were driven by the combination of non-cash items totaling approximately $5,900 and $15,300, respectively, relating primarily to fair value losses on mark-to-market derivative liabilities such as the gold forward sale agreements, and preferred shares, driven by improvements in the gold price environment and warrants driven by the increase in the share price of the Company, that were outside the normal course of operating activities in the quarter.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.