Barker Minerals Ltd BKMNF

RE: News release

[goldmember2]

HH,

Thanks for the links. You are right - it is interesting. Remember though that, in reference to the private placement in question, the Jan 5 news release stated that  "The proceeds received from the sale of the Units will be used forgeneral working capital (including payment of outstanding accounts) andto fund work programs on the Company's properties" - so some of the shares issued are in payment of past debts and are not necessarily "purchases" in the strict sense of the word (it is not clear, though,  what proportion of the placement is payment of outstanding accounts). It is possible that some of those shares issued to Aaron C Doyle (Louis' son) are in payment for trenching work done by ACD Contracting, Aaron Doyle's company. Regardless, your first link shows that Aaron Doyle now owns over 10% of the company for what amounts to $190,000. As a shareholder, what is your opinion of this? Seems like a sweet deal.

The second link regarding Darlene Kinnee's share acquisition is apparently a copy of a fax - strangely, the header on the document is from "Jerry's" and shows the fax number of Jerry's Food Emporium owned by Jerry Kristian, a company director. I assume she must be an associate of Mr. Kristian's?

gm2