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Golden Goose reports its financial results for the third quarter

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-23
MONTREAL, Nov. 22 /CNW Telbec/ - Golden Goose Resources Inc.(TSX - V: GGR) The Company is pleased to report its financial results for thethree-month period ended September 30, 2007.

For the three months ended September 30, 2007, the Company reported a netloss of $288,582 (or $0.00 per share) compared to a net loss of $80,309 (or$0.00 per share) for the three-month period ended September 30, 2006. The lossfor the three-month period ended September 30, 2007 was mainly due to generaland administrative costs and stock-based compensation. In the third quarter of2007, the Company raised $1.2 million in flow through capital to furtherdevelop its nickel property, Lac Levac, which reported new NI 43-101 resourceestimates (Ni, Cu and PGM) at the end of July. Our cash position as ofSeptember 30, 2007 is over $4.0 million, all of which is invested in treasurynotes.

This selected quarterly information must be read in conjunction with thequarterly financial statements filed on for the quarter endedSeptember 2007.

    The TSX Venture Exchange has not received and does not accept    responsibility for the adequacy or accuracy of this release.

For further information

Golden Goose Resources Inc.: Jean-Marc Lacoste,President, 1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com
www.goldengooseres.com
Renmark Financial Communications Inc.: Barry Mire:bmire@renmarkfinancial.com
James Buchanan: jbuchanan@renmarkfinancial.com
Media - Vanessa Napoli: vnapoli@renmarkfinancial.com
(514) 939-3989, Fax:(514) 939-3717,

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