TRSFF Tres-Or Resources Ltd featured news, full reports, and detailed charts
Tres-Or Resources Ltd (TRSFF/TRSFF.PK) Wrap Up:
Tres-Or Resources Ltd. engages in the acquisition, exploration, and development of diamond and precious/base metal properties in northeastern Ontario and northwestern Quebec, Canada. It also has interests in gold and platinum/palladium properties. The company is based in Vancouver, Canada.Tres-Or Resources Ltd (TRSFF:Pink OTC Markets Inc)
Snapshot of Tres-Or Resources Ltd (TRSFF)
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OPEN
$0.11
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PREVIOUS CLOSE
$0.11
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DAY HIGH
$0.12
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DAY LOW
$0.11
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52 WEEK HIGH
11/20/09 - $0.12
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52 WEEK LOW
12/30/08 - $0.02
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MARKET CAP
7.0M
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AVERAGE VOLUME 3 mo
64.1K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
61.2M
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TRSFF Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
TRSFF Top Compensated Officers
Executives, Board Directors
Key developments for Tres-Or Resources Ltd (TRSFF)
Tres-Or Resources Ltd. announced unaudited earnings results for the second quarter and six months ended August 31, 2009. For the quarter, the company reported loss before income taxes of CAD 91,334 compared to CAD 130,553 for the same period a year ago. Loss for the period was CAD 91,334 compared to CAD 130,553 for the same period a year ago. Comprehensive loss was CAD 94,001 compared to CAD 151,774 for the same period a year ago. Net cash used in operating activities was CAD 81,816 compared to CAD 123,405 for the same period a year ago. Purchase of property, plant and equipment was CAD 902 compared to CAD 861 for the same period a year ago. For the six months, the company reported loss before income taxes of CAD 236,354 compared to CAD 269,395 for the same period a year ago. Loss for the period was CAD 236,354 compared to CAD 269,395 for the same period a year ago. Comprehensive loss was CAD 234,521 compared to CAD 346,452 for the same period a year ago. Net cash used in operating activities was CAD 330,492 compared to CAD 95,438 for the same period a year ago. Purchase of property, plant and equipment was CAD 902 compared to CAD 861 for the same period a year ago.
Tres-Or Resources Ltd. provided an update on its operations in Ghana, West Africa. Tres-Or (Ghana) Limited provides mining and related services in connection with the Agudee Gold Project, a group of concessions held by a local syndicate of companies located in the Atwina Mpanua District of the Ashanti Region in central Ghana. Tres-Or Ghana is assembling a 200 tonne per hour (tph) alluvial gold plant recovery system on-site. The contractors are Oasis Engineering Ltd. of Obuasi, a London based engineering firm. Oasis customers include Ashanti Goldfields, Newmont and Bogosso Gold. Bulk sampling and test pitting of gold-bearing gravels at the Agudee site continues as ore pit development proceeds. Testing confirms over 95% mechanical recovery of gold which averages 20 to 22 carats from the source. Stripping ratios are fairly uniform with one to one and 1.5 to one being the average. The plant under development is a floating facility. Floating plants were first developed in New Zealand, where very stringent environmental laws exist and they are widely used in that country, as well as in the Yukon and northern British Columbia in Canada and other placer operations around the world. The floating plant sits in a bedrock pond and is fed from shore by an excavator. The gold bearing gravels (ore) is processed on the barge. Gold is mechanically separated and concentrated and the remaining gravel or tailings are discharged from the rear of the barge while the excavator extracts and expands ore from the front of the barge. Using this method the ore pit is constantly moving forward and filling the pond behind, effectively reclaiming the mined ground as it moves forward. The 'Floater' plant leaves a very small environmental footprint, as well as being a cost effective way of processing ore and eliminating separate tailings disposal. No chemicals or mercury is used in the recovery process.
Tres-Or Resources Ltd. reported unaudited financial results for the first quarter ended May 31, 2009. For the period, the company reported net loss of CAD 145,020 against CAD 138,842, reported a year ago. Net cash used in operating activities were CAD 248,676 against CAD 258,907, reported a year ago.
TRSFF Competitors
| Company | Last | Change | |
| No competitor information is available for TRSFF. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | TRSFF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 1.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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TRSFF |
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TRSFF transactions
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Target |
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Private Placement
July 17, 2009 |
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