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related topics |
{interest, director, officer} |
{gas, price, oil} |
{control, financial, internal} |
{stock, price, share} |
{cost, operation, labor} |
{operation, natural, condition} |
{stock, price, operating} |
{cost, contract, operation} |
{loss, insurance, financial} |
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Risks associated with our company:
If we do not raise at least the minimum amount in our public offering, we will have to suspend or cease operations.
Our plan of operation is limited to finding an ore body. As such we have no plans for revenue generation. Accordingly, you should not expect any revenues from operations.
Because the probability of an individual prospect ever having reserves is extremely remote any funds spent on exploration will probably be lost.
We lack an operating history and have losses which we expect to continue into the future.
As a result, we may have to suspend or cease operations.
Because our management does not have technical training or experience in exploring for, starting, and operating an exploration program, we will have to hire qualified personnel. If we can t locate qualified personnel, we may have to suspend or cease operations which will result in the loss of your investment.
Because we are small and do not have much capital, we may have to limit our exploration activity which may result in a loss of your investment.
Weather interruptions in the state of Idaho may affect and delay our proposed exploration operations and as a result, there may be delays in generating revenues.
Risks associated with this offering:
If our officers and directors resign or die without having found replacements our operations will be suspended or cease. If that should occur, you could lose your investment.
Because our officers and directors own more than 50% of the outstanding shares, they will be able to decide who will be directors and you will not be able to elect any directors or control operations
Because there is no public trading market for our common stock, you may not be able to resell your stock and as a result your investment is illiquid
Full 10-K form ▸
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