AUDITORS QUALIFY MCO RESOURCES <MCR> REPORT MCO Resources Inc said its independent auditors have qualified their opinion on the company financial statements for 1986, in which it posted a net loss of 38.6 mln dlrs or 1.37 dlrs a share on revenues of 31.4 mln. MCO said the qualfied opinion related to its realization of the carrying amount of its geothermal property and its ability to continue as an ongoing concern, which is dependent upon the restructuring of the company's bank debt and other obligations, resolution of the uncertainties surrounding its geothermal operations and the success of future operations. The company said its capital spending for 1987 has been virtually eliminated and that an additional staff reduction of about 20 pct is being implemented today.