Golkor Inc (GKOR)

[beerdup_n_rockin]

This forum has been littered with allegations of dishonesty and deceit by the Stead's over the last few days. I have a question to individuals posting such commentary. Why would a company whose only goal being the fleecing of investors, spend such large amounts developing land interests?

Expense Detail from last earnings statement:

Accommation 14,100
Advertising 45,686
Amortization 8,301
Assay 66,625
Consulting Fees 19,252
Courier & Postage 2,414
Drilling 130,628
Exchange 7,134
Excavator Equipment 14,995
Field Supplies 12,668
Geologist/Geophysics 102,425
Insurance 24,485
Interest and bank charges 3,568
Helicopter 4,579
Leased Equipment 0
Licence & Fees 10,766
Mapping 4,185
Office Supplies 4,635
Option Agreements 70,000
Professional fees 146,359
Recording Fees 4,037
Repairs and maintenance 19,855
Rent 10,366
Telephone 8,994
Travel / Entertainment 14,232
Vehicle operating 8,061
Wages and benefits 462,799

Total: 1,221,149

It is my opinion that KATX is busy developing investments. Supporting PPS, is a subordinate priority. Especially considering O/S is nearing A/S! I will accumulate while I can. Holding @ .0228 average ...and damn happy with my entry!!