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Re: petty cash post# 365

Thursday, 08/09/2007 4:33:00 PM

Thursday, August 09, 2007 4:33:00 PM

Post# of 1779
paydays #'s 9-26,29-39,45-60,61-70 =$10k + 1,666,666 shares 29th march 2007
rage claims 1-8 .................. =$30k + 30,000,000 shares 29th march 2007
I believe the rest of the rage claims numbered up to 100 were staked not bought

now that leaves the rockie, cache and aumn claims numbering approx 168 claims, as rage = 100 + payday =54..so 154 deducted from 322 leaves 168 claims

so we are left to assume we paid 40k cash plus 31,666,666 shares which on the signing date were worth approx .001/share

which equals $31,666.66 so rsds paid approx $71,666,66 for 62 claims and we staked 92 for a total of 154

costing approx $71,666,66 plus costs of staking the 92 rage claims which are approx 220 each I think this is a little bit high, seems to me theres $160 each to file then 10 each or so for the other filings. just for estimation we will say 220 each.

so approx $20,240 for filing on the 92 so approx $92,000.00 plus unknown labor for the stakingof the 92 rages, purchase of the 8 rages, and purchase of the 54 paydays. this is real roguh here folks, estimation only.

so this leaves for the remaining 168 claims aquired about 157k to purchase those, including aumn claims.
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