| Business Summary | | Coral
Gold
Corp.
is
engaged
in
the
business
of
acquiring
and
exploring
precious
mineral
properties
and,
where
warranted,
developing
and
mining
such
properties,
particularly
those
judged
by
the
Company
to
be
potentially
valuable
for
gold.
The
Company's
mining
claims
are
located
in
the
states
of
Nevada
and
California
in
the
United
States,
and
British
Columbia
and
Mexico.
The
Company
was
formed
under
the
name
Carol
Energy
Corporation,
whose
name
was
changed
to
Coral
Energy
Corporation
on
March
3,
1982,
and
subsequently
to
Coral
Gold
Corp.
on
September
9,
1987.
The
Company
has
two
wholly
owned
subsidiaries,
Coral
Energy
Corporation
of
California,
which
holds
title
to
the
Company's
California
real
property,
and
Coral
Resources,
Inc.,
which
holds
title
to
the
Company's
mining
claims
located
in
Nevada.
Currently,
none
of
the
Company's
mineral
properties
are
in
production. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Coral
Gold
Corporation
is
involved
in
acquiring
and
exploring
precious
mineral
properties
and
developing
and
mining
such
properties.
For
the
three
months
ended
4/30/01,
revenues
decreased
68%
to
C$221.
Net
loss
increased
39%
to
C$62
thousand.
Revenues
reflect
a
reduction
in
interest
income.
Higher
loss
also
reflects
an
increase
in
office
and
administration
expenses,
interest
expenses,
and
listings
and
filing
fees. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Louis Wolfin Pres | $60K | Ernest Calvert VP | -- | Chris Sampson VP
- Exploration | -- | Andrea Regnier Sec. | -- | Dollar
amounts are as of 31-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|