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AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Top Stories

  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: Newlook first quarter results

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Newlook first quarter results

posted on Jun 01, 07 08:58AM

Newlook has just published its quarterly statements; they lost $204k on sales of $461k. They gave no hint as to how they will pay for the Barrons position in WLSA and they have a net deficit position of $2.5 million. The statement below is taken from the MD&A<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

 

 

“There is doubt about the Company's ability to continue as a going concern as the Company has a working capital deficiency of $1,220,000 and a shareholders’ deficit of $2,454,000 as at <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />March 31, 2007. The Company's ability to continue as a going concern is dependent upon the Company's ability to raise additional capital, to increase sales and sustain profitable operations. Should the Company be unable to continue as a going concern, it may be unable to realize the carrying value of its assets and to meet its liabilities as they become due”

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Jun 01, 07 11:46AM
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