RE:RE:AtlinNot being able to fund projects is not "bankruptcy". Companies like Pac Bay aren't extended loans for projects that they can't pay back, in which case the term could apply.
I was saying that the company should have explored its 100% owned projects where they could control the money flow as funds are raised, and not go into a project that required large cash commitments to gain interest in a down market without a solid base of support for funding. As stated before, nearly all junior explorers are suffering in this market, as can be seen from looking at their price charts.