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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 > year end comments
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Comment by invidious1on Mar 31, 2021 3:54pm
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Post# 32916312

RE:year end comments

RE:year end commentsI'm puzzled by the first bullet point in the Fourth Quarter highlights: "As at December 31, 2020, Aquila had cash of $1.8 million and negative working capital of $0.8 million." What does "negative working capital" mean?
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