CASL Castmor Resources Ltd featured news, full reports, and detailed charts
Castmor Resources Ltd (CASL/CASL.OB) Wrap Up:
Castmor Resources, Ltd., an exploration stage company, engages in the acquisition and exploration of mining properties in Canada. It owns the White Bear Arm property in Labrador, Canada that consists of two non-contiguous mineral exploration licenses comprising a total of 17 claims having a total area of 425 hectares. The company was founded in 2005 and is based in Calgary, Canada.Castmor Resources Ltd (CASL:OTC Bulletin Board Market)
Snapshot of Castmor Resources Ltd (CASL)
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OPEN
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PREVIOUS CLOSE
$0.25
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
10/8/08 - $0.25
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52 WEEK LOW
10/8/08 - $0.25
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MARKET CAP
3.1M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
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SHARES OUTSTANDING
12.4M
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CASL Does Not Pay Dividends
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P/E TTM
NM
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CASL Top Compensated Officers
Executives, Board Directors
Key developments for Castmor Resources Ltd (CASL)
Castmor Resources Ltd stated that as of November 30, 2008 the company had total assets of $46,847 comprised of $38,778 in cash and $8,069 in the form of a security deposit on its mineral properties. The company stated: “Unless fuel costs substantially decline, we will be required to seek additional funding in order to complete Phase I of our exploration program. We anticipate that any additional funding that we require will be in the form of equity financing from the sale of our common stock. There is no assurance, however, that we will be able to raise sufficient funding from the sale of our common stock.”
Castmor Resources Ltd. filed its 10-K/A on November 28, 2008 for the period ending August 31, 2008. In this report its auditor, Chang Lee LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Castmor Resources Ltd. filed its 10-12G on July 07, 2008 for the period ending August 31, 2007. In this report its auditor, Chang Lee LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
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Industry Analysis
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