Looks like the Stockhouse pump is over. The spamming of Rochester Resources on Stockhouse has stopped. I'm not a fan of pump n dumps! I was left with no choice but to clean up the trash...
Remember pumpers to keep things balanced.
Financial Condition / Capital Resources
As at February 28, 2013 the Company had an accumulated deficit of $40,055,804 and a working capital deficit of $4,484,620. In addition, the non-current portion of long-term debt was $3,500,000 as at February 28, 2013. Although the Company has recently generated positive operating cash flow from the Mina Real Property, the majority of these funds have been primarily directed towards ongoing development of the Mina Real Property, payment of the final option payment on the San Francisco Property and payment on indebtedness. In the immediate term, the Company’s ability to continue as a going concern is dependent upon its ability to continue to generate positive operating cash flow from the Mina Real Property and to raise additional capital to fund its ongoing business operations and exploration projects and repay indebtedness as they come due. Additional capital may be sought from existing shareholders and creditors and from the sale of additional common shares or other equity or debt instruments. There is no assurance such additional capital will be available to the Company on acceptable terms or at all. In the longer term, the recoverability of the carrying value of the Company’s long-lived assets is dependent upon the Company’s ability to preserve its interest in the underlying mineral property interests, the discovery of economically recoverable reserves, the achievement of profitable operations and the ability of the Company to obtain financing to support its ongoing exploration programs and mining operations. Whether the Company can sustain profitability and positive cash flow is uncertain. These uncertainties cast significant doubt upon the Company’s ability to continue as a going concern.