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Aquila Resources Inc T.AQA


Primary Symbol: AQARF

Metals & Mining Industrial Metals & Minerals
Aquila Resources Inc is in the business of exploring for and developing mineral properties. It operates in two geographical areas, the United States and Canada. It has three assets, the Back Forty Project located in Michigan's Upper Peninsula; Bend Project and Reef Project, are found along the mineral-rich Penokean Volcanic Belt. The area hosts multiple deposit types including VMS, magmatic copper-nickel and stratiform copper.


OTCQB:AQARF - Post by User

Aquila Resources Inc > 3rd quarter results
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Comment by invidious1on Nov 17, 2020 12:34pm
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Post# 31914932

RE:RE:RE:RE:RE:3rd quarter results

RE:RE:RE:RE:RE:3rd quarter resultsSo working capital is different from cash, got it. But is it not the case that working capital is the amount of funds available to pay for current operations and, if it goes to zero, that means (colloquially) you're broke? Just trying to fight through the accountant-speak to figure out what's going on. Thanks in advance if you can clarify.
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