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Golden Band Resources Inc GBRIF

Metals & Mining Gold
Golden Band Resources Inc. is a Canada-based gold producer engaged in exploration, mine development and extraction of gold ores from its properties in the La Ronge Gold Belt in northern Saskatchewan and processing at its Jolu mill. It has assembled a land package in excess of 870 square kilometers (km2) that includes thirteen known gold deposits and four former producing mines, which were Star Lake, Decade, Komis and Jolu. The Company is mining at three deposits to feed the mill. These are Roy Lloyd, Greywacke and Golden Heart. Roy Lloyd mine is an underground mine extracting ore from the Bingo deposit. Golden Heart is located approximately nine kilometers east of the Komis mine and is accessible through a 17-kilometer mine road connecting to Highway 102 just north of Brabant Lake.


GREY:GBRIF - Post by User

Golden Band Resources Inc
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Comment by cazziloon Aug 29, 2012 12:31am
304 Views
Post# 20272642

RE: SEDAR is out on STOCKWATCH

RE: SEDAR is out on STOCKWATCH

17. Employee wages and benefits and key management personnel compensation

Total employee wages and benefits included in the statement of comprehensive loss for the year is

$7,786,618 (2011 - $2,665,154).

 

This one really caught my eye . How does this go up 5 million + dollars in one year ? Are they including stock option here ?

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