Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:RE:Going, Going...GONE!!!!!

[tallestdude]

Good on you, Frank.  You sure earned your pay these last almost 24 months.  Now, you, the BOD, and Eric, and the rest of us,....let's kick some serious apse going forward.  I believe in you!  We've got all 3-Ms, that be a fact!

halcro wrote: Another good year for the CEO, James Francis Gerard Callaghan (see total of $3,608,518 detailed below)
 
17. RELATED PARTY TRANSACTIONS
The following is a summary of the Company’s related party transactions during the period:
a) Exploration costs
Costs of $234,642 (year-ended February 28, 2013: $716,077), incurred in connection with the Company’s exploration costs, were paid to a Company controlled by a director.
b) Deferred development costs
Costs of $685,245 (year-ended February 28, 2013: $316,318), incurred in connection with the Company’s deferred development costs, were paid to a Company controlled by a director.
c) Reclamation costs
Costs of $Nil (year-ended February 28, 2013: $490,065), incurred in connection with the Company’s reclamation work at the QR Mine and Mill, were paid to a Company controlled by a director.
d) Administration fees
Administration fees of $83,578 (year-ended February 28, 2013: $76,939), incurred in connection with the Company’s above-noted exploration, deferred development and reclamation costs, were paid to a Company controlled by a director.
e) Legal Fees
Legal fees of $Nil
f) Inventory
Costs of $187,461 (year-ended February 28, 2013: $Nil), incurred in connection with the Company’s QR Mine were paid to a company controlled by a director of the Company.
g) Key Management Compensation
Key management personnel compensation comprised:
February 28, 2014
Short term employee benefits and director fees $ 562,258
Share-based payments 1,207,080
$ 1,769,338 $
h) Balance payable:
The amounts payable to related parties, are summarized as follows:
February 28, 2014
Due to other companies with certain common directors $ 20,321
Total due to related parties 20,321
Add: loan from director 627,933
$ 648,254 $