RE:RE:RE:Watch Out For The Fluff News As A Distraction!!!!Direct quotes from SEDAR TODAY BELOW!
These condensed consolidated interim financial statements have been prepared on a going concern basis which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business rather than a forced liquidation. As at November 30, 2017 the Company had not yet achieved profitable operations, with a deficit of $18,899,923 and working capital of $1,207,550. The Company’s ability to generate working capital may not be enough to sustain operations over the next twelve months. These material uncertainties may cast significant doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its ability to generate cash flows from operations and to obtain any additional financing necessary to sustain operations as well as through debt or equity. There can be no assurance that management’s future financing efforts will be successful. The availability of financing is affected by the state of debt and equity markets, investor perceptions and expectations and the global financial and metals markets.
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005658
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