Financial Statements |
TRS.CDNX Consolidated Financial Statements |
| CONSOLIDATED STATEMENTS OF OPERATIONS AND DEFICIT |
|
6 Months Ended August 31, 2001 |
6 Months Ended August 31, 2000 | |
EXPENSES |
||
Amortization |
$ - | $ - |
Bank charges and interest |
332 | 1,219 |
Management fees |
11,000 | 7,700 |
Office and miscellaneous |
9,696 | 4,150 |
Professional fees |
16,195 | 12,727 |
| Property investigation | 1,100 | - |
Telephone |
1,583 | 1,275 |
Transfer agent and regulatory fees |
8,729 | 5,843 |
Travel and promotion |
2,727 | 1,367 |
| (51,362) | (34,281) | |
OTHER ITEMS |
||
Interest and other income |
- | 50 |
Write-off of deferred exploration (Note 7) |
- | - |
Write-off of mineral properties (Note 6) |
- | - |
| - | 50 | |
Loss for the period |
(51,362) | (34,231) |
Deficit, beginning of period |
(3,571,022) | (3,496,842) |
Deficit, end of period |
$ (3,622,384) | $ (3,531,073) |
Loss per common share |
$ (0.005) | $ (0.005) |
The accompanying notes are an integral part of these financial statements.
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