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Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

Post by markthebankeron Apr 01, 2010 2:11pm
620 Views
Post# 16949842

Going Concern?

Going Concern?I'm happy to see that the auditors do not think acadian has a going concern issue. Now if they close shop this year we can bring a nice lawsuit against Wasserman and Co. Does anyone know how Acadian plans to fill in the 4 million working capital deficit this year? The story they gave the auditor must have been a good one. No mention of guarantees of cash flow from Golden River - even though they have forwarded 600k in financing at zero % with no repayment terms.  I know the plans are to get debt, or sell assets but that is very general and is not guaranteed for forsure.
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