GREY:CPLJF - Post by User
Comment by
stephenx11on Feb 18, 2009 2:14pm
725 Views
Post# 15786957
RE: RE: RE: Barry Coughlan Explains Situation
RE: RE: RE: Barry Coughlan Explains Situation
wtelfair:
I agree with your opinion, but the company is NOT broke:
FORM 51-102F1
TRI-GOLD RESOURCES CORP.
MANAGEMENT DISCUSSION & ANALYSIS – OCTOBER 31, 2008
Liquidity and Capital Resources
As at October 31, 2008, the Company had a cash balance of $1,169,993 compared to $1,244,725 as at July 31, 2008. The
Company had working capital as at October 31, 2008 of $1,147,426 compared to working capital of $1,179,316 as at July 31, 2008. The Company’s working capital decreased during the Current Period primarily as a result of expenditures on operations.
As of Feb. 2009, TAL should have a cash balance of at least $1,109,993.00.