Going Concern	3 Months Ended
Mar. 31, 2014
Going Concern
Going Concern	2. GOING CONCERN As shown in the accompanying consolidated financial statements, the Company has incurred a net loss of $26,595,519 through March 31, 2014 and has a working capital deficiency of $1,884,481 at March 31, 2014. The Company is subject to those risks associated with exploration stage companies. The Company has sustained losses since inception and additional debt and equity financing will be required by the Company to fund its development activities and to monetize economically recoverable oil and gas reserves. However, there is no assurance that the Company will be able to obtain additional financing to further its ongoing activities so that profitable operations can be attained. Management is currently devoting substantially all of its efforts to exploit its existing oil and gas properties and recover as much of the resources available. The Company also continues to search for additional productive properties. There can be no assurance that the Company’s efforts will be successful, or that those efforts will translate in a beneficial manner to the Company. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.

Going Concern

3 Months Ended

Mar. 31, 2014

2. GOING CONCERN

As shown in the accompanying consolidated financial statements, the Company has incurred a net loss of $26,595,519 through March 31, 2014 and has a working capital deficiency of $1,884,481 at March 31, 2014. The Company is subject to those risks associated with exploration stage companies. The Company has sustained losses since inception and additional debt and equity financing will be required by the Company to fund its development activities and to monetize economically recoverable oil and gas reserves. However, there is no assurance that the Company will be able to obtain additional financing to further its ongoing activities so that profitable operations can be attained.

Management is currently devoting substantially all of its efforts to exploit its existing oil and gas properties and recover as much of the resources available. The Company also continues to search for additional productive properties. There can be no assurance that the Company’s efforts will be successful, or that those efforts will translate in a beneficial manner to the Company. The accompanying statements do not include any adjustments that might result should the Company be unable to continue as a going concern.

Heavy Earth Resources, Inc. 10-Q