Rodeo Creek Gold posts $4.68 million April net loss; revenue flat

By Jim Witters

Wilmington, Del., May 21 - Rodeo Creek Gold Inc. posted a net loss of $4.68 million for April on total revenue of $4.4 million, according to the company's monthly operating report filed May 20 with the U.S. Bankruptcy Court for the District of Nevada.

Those figures compare to a $659,915 net profit for March on total revenue of $4.59 million.

The company also reported cash and cash equivalents of $1.9 million as of April 30, up from $1.42 million at the end of March.

Rodeo Creek Gold, a Reno, Nev.-based mining company, filed for bankruptcy on Feb. 25 under Chapter 11 case number 13-50301.

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