Alaska Silver Corp.

Single-property Alaska silver/gold explorer with going-concern doubt and no established reserves.

Strengths

• $9M cash with current ratio 1.1; Illinois Creek property consolidated into a 20-year lease
• Repaid the $1.32M loan; advancing baseline environmental/permitting work

Risks

• Going-concern doubt; net loss $8.9M with ROE -143% and ROA -53% (15th pct)
• No mineral reserves, single asset, and promissory-note default risk on the Piek obligation

Notable findings

• Going concernWe have incurred significant losses and have limited cash on hand, and there is substantial doubt as to our ability to continue as a going concern
• Exec changeRecent 8-K item 5.02 8-K ↗