Friday, Wescan Goldfields Inc. (WGF.V) said its third-quarter net loss and comprehensive loss for the period narrowed to $131,846 from $234,289 in the prior year period. The company reported a break even per share, flat with last year. Operating expenses for the quarter decreased to $185,205 from $344,779 in the comparable period.
Net loss and comprehensive loss for the nine months ended September 30, 2009 also narrowed to $502,405 from $1.03 million in the year-ago period. Loss per share for the period was $0.01, narrower than $0.02 last year. Operating expenses for the period dipped to $731,430 from $1.33 million in the earlier period.
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