GREY:GPXM - Post Discussion
Post by
Rocks123 on Jun 04, 2012 11:08pm
Looks like its over for GPXM
The latest filings ......
If we are unable to raise sufficient capital to pay our obligations, or the Company and its joint venture partners are unable to successfully complete the development of current mineral projects and obtain profitable operations and positive operating cash flows, we may be forced to scale back our mineral property acquisition and development plans or to significantly reduce or terminate operations and file for reorganization or liquidation under the bankruptcy laws. These factors together raise doubt about the Company’s ability to continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
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