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Creso Exploration Inc CRXEF

Metals & Mining Industrial Metals & Minerals


GREY:CRXEF - Post by User

Creso Exploration Inc > News.. interesting development
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Comment by goldrocks2on Sep 04, 2011 6:09pm
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Post# 19011280

RE: News.. interesting development

RE: News.. interesting development DID ANYONE GET THE CXT INTERIM MANAGEMENTS ANALYSIS FOR PERIOD ENDING JUNE 30- BOTTOM OF PAGE 11 IS INTERESTING- "WORKING CAPITAL OF 1,019,807- AS COMPARED TO 3,869,191 ON DEC 30 2010 -MGT ESTIMATES THAT THESE FUNDS WILL NOT BE SUFFICIENT TO MEET CORPORATIONS OBLIGATIONS THROUGH JUNE 30 2012. THE CORP WILL HAVE TO WORK ON RAISING FUNDS ETC- " ALTHOUGH THESE CONDENSED FINANCIAL STATEMENTS HAVE BEEN PREPARED USING IFRS APPLICABLE TO A GOING CONCERN THE ABOVE NOTED FACTS AND CIRCUMSTANCES CAST SIGNIFICANT DOUBT IN THE CORPORATIONS ABILITY TO CONTINUE AS A GOING CONCERN ETC" IN MY OPINION CURRENT STAFF SURE KNOW HOW TO WHIP THROUGH MONEY-AND THEY BETTER STOP SPENDING AND GET TO WORK TO GET THE SHARE PRICE UP!!!!FIND SOMETHING!!!!!
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