Aurizon Announces Net Earning Of 3 Cents For FY '08, Two Records Set

Aurizon Mines Inc. has announced its fourth-quarter and FY 2008 earnings. 4Q '08 showed a 3 cent loss per share, but full-year earnings were a 3-cent gain. The two records set in FY '08 were in revenues and in cash flow from operations. More details can be found in the release.

This report was disseminated yesterday, in late morning ET. Aurizon closed up 22 cents to reach $4.42, on moderate volume, and most of the day's gain had already been realized by the time the report hit the web.

The company's Google Finance web page is here.

----------

NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.

Aurizon Increases M + I Resource Estimate By 900,000 Oz. For Joanna

Aurizon Mines Ltd. has reported a new resource estimate for its Joanna property in Quebec, which increases the gold in the resource by 900,000 ounces measured and indicated. SGS Geostat completed the update. The increase came in the indicated category, for both the Hosco and Heva sub-properties. The news release also has a capsule summary of the Joanna geology.

This release hit the Web before trading opened yesterday. Aurizon closed at $4.42 at the end of yesterday, up 22 cents.

The company's Google Finance web page is here.

----------

NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.