Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: loantech	11/15/2005 9:11:36 AM
	of 78418

Got this thanks to Wade. I think JS may have a point. biz.yahoo.com Bema reported a loss of $24.9 million or $0.062 per share for the third quarter of 2005, which included an unrealized derivative loss for the period of $10.9 million resulting from the mark-to-market adjustment on the Company's non-hedge derivative financial instruments relating mainly to the contingent gold forward contracts assigned to the Petrex Mines. Also contributing to the loss was $3 million of Refugio Mine re-start costs, which are expensed prior to and during the scheduled recommencement of mine operations. Adjusting for the Refugio Mine re-start costs and the unrealized derivative loss resulted in a loss for the period of $10.9 million or $0.027 per share. For the quarter ended September 30, 2004, the loss of $21.6 million included $25.5 million of unrealized non-hedge derivative losses, partially offset by a realized non-hedge derivative gain of $14.4 million.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next