<PRECAMBRIAN SHIELD RESOURCES LTD> YEAR LOSS
  Shr loss 1.93 dlrs vs profit 16 cts
      Net loss 53,412,000 vs profit 4,479,000
      Revs 24.8 mln vs 32.7 mln
      Note: 1986 shr and net include 51,187,000 dlr writedown on
  U.S. operations, uneconomic coal operations and other mineral
  properties