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10-Q - FORM 10-Q - GRYPHON GOLD CORPform10q.htm
EX-31.1 - EXHIBIT 31.1 - GRYPHON GOLD CORPexhibit31-1.htm
EX-32.1 - EXHIBIT 32.1 - GRYPHON GOLD CORPexhibit32-1.htm
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v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Continuing operations:        
Sales of product $ 931,794 $ 0 $ 931,794 $ 0
Cost of sales and other direct production costs 930,219 0 930,219 0
Depreciation, depletion, amortization 41,678 0 41,678 0
Gross profit (loss) (40,103) 0 (40,103) 0
Other operating expenses:        
Exploration (refund) (26,394) 115,930 68,860 694,358
Salaries & consulting fees 364,297 303,421 836,465 845,552
General and administrative 152,554 135,336 527,164 483,267
Legal and audit 62,202 48,865 203,202 232,686
Travel and accommodation 66,328 36,366 159,589 105,659
Depreciation 17,714 13,145 35,176 40,767
Asset retirement obligation accretion 10,284 0 27,280 0
Income (loss) from operations (687,088) (653,063) (1,897,839) (2,402,289)
Other income (expense):        
Gain on disposal of equipment: 0 (99) 0 (99)
Foreign exchange loss 94,653 1,894 189,449 18,632
Realized loss on securities 0 0 0 75,772
Interest income (7,926) 32 (11,153) (1,974)
Interest expense, net of capitalized interest 381,212 123 466,814 997
Loss for the period from continuing operations (1,155,027) (655,013) (2,542,949) (2,495,617)
Discontinued operations:        
Loss from discontinued operations 0 0 0 (18,241)
Gain on sale of discontinued operations 0 0 0 653,949
Income from discontinued operations 0 0 0 635,708
Net loss for the period $ (1,155,027) $ (655,013) $ (2,542,949) $ (1,859,909)
Basic and diluted income (loss) per share:        
Loss from continuing operations $ (0.006) $ (0.007) $ (0.014) $ (0.028)
Income from discontinued operations          $ 0.007
Total loss per share $ (0.006) $ (0.007) $ (0.014) $ (0.021)
Basic and diluted weighted average number of common shares outstanding 193,992,040 89,755,784 177,175,447 88,357,009