tmsocha, Yes it is normal not to have a balance sheet as well as a P&L for companies that have no revenue, they have been operating off shares and loans from the note holders, that is not considered income as it must be paid back plus interest.
This is a exploration and develop of mining and if you look at the SEC rules you will find that the SEC has a different set of reporting rules for exploration companies.
The value of those holdings is not a reporting factor until it is removed from the ground or sold to a mining operation.
This company has reported every material change on the 8K filings.
That of course does not make them a fully reporting company, however it does set the criteria of a reporting (not fully reporting)exploration and development company, that has no sustained revenue.
So bottom line if you are a shareholder "hang on" if not, then you have something else in mind that I cannot address.
