RE:Financials Posted...fruity
-I think you mean the current cash is 2,193,382 as of 2023 not 2022!
- The liability number is really not that scary in general. The problematic part is much of the liability number is in the payable department meaning all generally due from 30-90 days so actually come due prior to print..
- Net loss not all that bad considering!
- Shareholder Equity deficit is a bit of a meaningless number now other than to say how bad they did in the past and how they are worth little to nothing now lol.
As to the comment about Note #2 it is a standard clause in everyones financials. It is put in their to avoid management liability.
Based on performance and assets they are fairly valued! They are the perfect example of buy high and sell low lol! In fact, they are a perfect examply of junior miners in general lol. Best place to buy to assure your self of a tax loss at year end!