GREY:AXXDF - Post by User
Post by
Nazarbazon Mar 30, 2015 11:27am
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Post# 23576744
No more a going concern
No more a going concern Auditor: Alderon Iron Ore Corp. does not have financial resources sufficient to cover all of its commitments for the coming year including the remaining security deposits and has temporarily suspended any further work by its contractor pending the completion of its financing plan. These conditions, along with other matters as set forth in Note 1 in the consolidated financial statements, indicate the existence of material uncertainties that cast substantial doubt about Alderon Iron Ore Corp.’s ability to continue as a going concern.