After losing US$25,000 in the 1989 third quarter, Gold King Consolidated (VSE) reported a gain of 9.5US$39,000 for its 1990 third quarter ended Sept. 30. Revenues for the recent quarter increased to US$1.7 million from US$221,000 in the year-earlier period. The jump was primarily a result of an increase in gold production from the company’s Gold King extension claims in Colorado, as well as the start of production at the Adelaide Crown gold mine in Nevada.006 Gold King Consolidated (VSE)* 3 months ended Sept. 30 1990 1989 Revenues $1,715 $221 Net earnings (loss) 39 (25 )
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