JSHG..There is no gold based on the latest filing>>>>>The Company has incurred a net loss of $614,374 for the nine month period ended September 30, 2020, and a working capital deficit of $1,300,125. As an exploration stage entity, the Company has not yet commenced its mining operations and accordingly does not have any mining revenue. This casts substantial doubt on the Company’s ability to continue as a going concern unless it can begin to generate net profit and raise adequate financing.
The Company has been seeking additional debt or equity financing to support its operations until it becomes cash flow positive. There can be no assurances that action and plan such as above will be sufficient for the Company to continue operating as a going concern.
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