Defense Metals Corp. press release
Erdene Resource Development Corp.
TSXV - TSX Venture Exchange · Rare Earth Elements · Neodymium · Praseodymium · Lanthanum · Cerium · Samarium · Europium · Gadolinium · Terbium · Dysprosium · Holmium · Erbium · Thulium · Ytterbium · Lutetium · Scandium · Yttrium · Magnet Rare Earth Elements · Canada
May 17, 2010 (Baystreet.ca) --
posted first-quarter net loss of $858,000 or $0.01 per share, compared with a net income of $681,000 or $0.01 per share in the prior year period. For the quarter, exploration and operating expenses amounted to $569,000 compared to $438,000 in the same quarter last year. Including capitalized exploration costs and excluding writeoffs, exploration expenses were $793,000, down from $843,000 in the year-ago period. Erdene Resource Development Corp.