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AGORACOM News Flash

AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: Question about expenses

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Question about expenses

posted on Sep 06, 07 11:44PM
I was just browsing through the annual report posted on 4/26/07 and I came across some expenses that seem a bit high.  Two that caught my eye were the rental expenses for the townhome in Kanab, UT and the vehicle lease.  The payments of $1750 a month sounds more like you should be buying a house instead of renting a townhome that seems to be more of a vacation spot for playing golf. Also a $5458 down payment and $392 month payment seems outrages for a car.  It would be cheaper to rent a car monthly than pay these high costs or better yet buy one and resell it when it is no longer needed. What kind of car was leased?  I have traveled extensively for work so I understand the price of doing business but this is not a multimillion dollar company with money to spend on "extras".  I beleave that the Officers have the best of intent for their investors especially by distributing information and taking question through this forum.  I hope that everyone's dreams will be realized soon and all tests come back for the best.

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