Note A - Organization and Business: Going Concern (Policies) |
12 Months Ended |
|---|---|
Dec. 31, 2013 | |
| Policies | |
| Going Concern | Going Concern
The financial statements for the years ended December 31, 2013 and 2012 have been prepared on the going concern basis which assumes that adequate sources of financing will be obtained as required and that our assets will be realized and liabilities settled in the ordinary course of business. Accordingly, the financial statements do not include any adjustments related to the recoverability of assets and classification of assets and liabilities that might be necessary should we be unable to continue as a going concern. Should we be unable to sell the Gold Bar Mill or enter into a joint venture or merger arrangement with another party, it is unlikely that we can continue as a going concern. In this event, we will seek to obtain other forms of debt or equity financing to remain a going concern. However, we can offer no assurances that we will be successful in these efforts. |