RE:RE:RE:RE:RE:what to do any hope or take losses What do you think IR would tell these investors that a review of the financial statements for the period ended 12/31/2019 released on March 2 don't show? Cash of $25k (all $ are CAD). Current assets of $1.2M versus current liabilities of $9.9M. Among current liabilities is $5.4M due to related parties.
And, of course there is the "going concern" statement.
"The Company’s ability to continue as a going concern, realize its assets and discharge its liabilities in the normal course of business, meet its corporate administrative expenses and continue its exploration activities in fiscal 2020, is dependent upon Management’s ability to obtain additional financing, through various means including but not limited to equity financing. No assurance can be given that any such additional financing will be available, or that it can be obtained on terms favorable to the Company."