Answer:
easy
Step-by-step explanation:
This Annual Report on Form 10-K contains forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act
of 1995 concerning anticipated results and developments in the operations of the Company in future periods, planned exploration activities, the adequacy of the
Company’s financial resources and other events or conditions that may occur in the future. Forward-looking statements are frequently, but not always, identified by
words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible” and similar expressions, or statements that events, conditions or results
“will,” “may,” “could” or “should” (or the negative and grammatical variations of any of these terms) occur or be achieved. These forward-looking statements may
include, but are not limited to, statements concerning:
the Company’s future cash requirements, the Company’s ability to meet its financial obligations as they come due, and the Company’s ability to raise the
necessary funds to continue operations on acceptable terms, if at all;
the Company’s ability to carry forward and incorporate into future engineering studies of the Livengood Gold Project updated mine design, production schedule
and recovery concepts identified during the optimization process;
the Company’s potential to carry out an engineering phase that will evaluate and optimize the Livengood Gold Project configuration and capital and operating
expenses, including determining the optimum scale for the Livengood Gold Project;
the Company’s strategies and objectives, both generally and specifically in respect of the Livengood Gold Project;
the Company’s belief that there are no known environmental issues that are anticipated to materially impact the Company’s ability to conduct mining operations
at the Livengood Gold Project;
the potential for the expansion of the estimated mineral resources at the Livengood Gold Project;
the potential for a production decision concerning, and any production at, the Livengood Gold Project;
the sequence of decisions regarding the timing and costs of development programs with respect to, and the issuance of the necessary permits and authorizations
required for, the Livengood Gold Project;
the Company’s estimates of the quality and quantity of the mineral resources at the Livengood Gold Project;
the timing and cost of any future exploration programs at the Livengood Gold Project, and the timing of the receipt of results therefrom;
the expected levels of overhead expenses at the Livengood Gold Project; and
future general business and economic conditions, including changes in the price of gold and the overall sentiment of the markets for public equity.
Such forward-looking statements reflect the Company’s current views with respect to future events and are subject to certain known and unknown risks, uncertainties and
assumptions. Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that
may be expressed or implied by such forward-looking statements, including, among others:
● the demand for, and level and volatility of the price of, gold;
● conditions in the financial markets generally, the overall sentiment of the markets for public equity, interest rates, currency rates, and the rate of inflation;
● general business and economic conditions, including the effect of the COVID-19 pandemic on such conditions;
● government regulation and proposed legislation (and changes thereto or interpretations thereof);