I-80 Gold Corp T.IAU

From I-80 Gold

[60PlusWhoCares]

Given the Company's working capital deficit, current operating losses and Management's expectation of future losses until it has fully executed its new development plan, the inability of the Company to arrange appropriate financing in a timely manner could result in the carrying value of the Company's assets being subject to material adjustment. These conditions indicate the existence of material uncertainties which cast significant doubt as to the Company's ability to continue as a going concern.

[johnathamilton]

Yep - that comment put a chill through my investment bones. Basically saying "Hey investors, there's a real chance you are going to lose all your money!"

[smallcinvestor]

That statement  is  on  every  single  jr  stock and  has  become  common  place  in the jr  market and therfore in  most cases overlooked.

[Angelique01]

 So what?   That is nothing new. . Here is an excerpt from their December 31, 2023 audited report  It is a legal and accounting requirement to disclose.going concern issues. Going concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has