Barkerville Gold Mines Ltd
Three and Six Months Ended August 31, 2012 and 2011
Shareholder communications and advertising
Barkerville Gold Mines Ltd.
February 29, 2012
21. CORPORATE ADMINISTRATION
Year ended February 29, 2012 2011
Shareholder communications and advertising 774,793 677,873
Professional fees, corporate communications and
other corporate administration costs 1,497,376 1,376,858
Hardly surprising though, as the company did spend $202,466 on shareholder communications and advertising in the six-month period ending August 31, 2012.
Of course, that's a mere bagatelle compared to the $774,793 spent on shareholder communications and advertising in the year ended February 28, 2012, and the $677,873 spent in the year before that. There is another $1,497,376 spent on professional fees, corporate communications and other corporate adminstrative (PFCC&OCA) costs during that same year which ended on February 28, 2012, and $1,376,858 in the previous year...but how much of that is for corporate communications (and exactly what comprises "corporate communications) is not broken out.
Spending $1,655,132 over a 30-month period does attract support and, even if only 30 per cent of that two-year total of $2,874,234 for PFCC&OCA, if you throw another $862,270 into the shareholder communications and advertising pot, then the grand, 30-month total is $2,517,402...0r $83,913 per month.
Shoot...$83,913 per month should buy rock star status, right? Wonder what Rex Harbour spends per month on communications, advertising and PFCC&OCA? I'll guess that it'll be under a grand a month, if even that...and he runs an empire!!!!