03:56 PM EST - Talon Metals Corp. : reported fourth-quarter net loss of $511,000 or $0.02 per share, compared to a net loss of $2.94 million or $0.11 per share in the prior-year quarter. The company said that the recent quarter net loss was mainly due to operating expenses. For full year, net loss narrowed to $1.84 million or $0.07 per share from $6.83 million or $0.25 per share in the prior year. In 2009 the net loss was primarily due to operating expenses, partially offset by realized and unrealized gains on investments totaling about $1.4 million. Talon Metals Corp.
shares T.TLO are trading even at $0.40.
