FOR AGE ORBIT INC NOTES TO THE CONSOLID A TED FINANCIAL ST A TEMENTS Continued Y ears ended January 31 2007 and 2006 5 LONG TERM INVESTMENTS Continued 2007 2006 Longterm investments P arent company A dvances to 28673820 Qu ebec Inc variable interest with no specific terms of repayment 137480 P ortfolio Eenou Drilling Inc 25000 class B shares nonparticipating nonvoting cumulative dividend of 5 at cost 25000 A dvances variable interest with no specific terms of repayment 30000 192480 Other at cost 104000 common shares of ExplorateursInnovateurs de Qu ebec Inc 260000 260000 83300 common shares of T yphoon Exploration Inc fair value 21658 50000 250000 common shares of NFX Gold fair value 117500 55851 L oan to an individual 11109 A dvances to 91013375 Qu ebec Inc variable interest with no specific terms of repayment 2 5 0 A dvances to 91619254 Qu ebec Inc company under common control variable interest with no specific terms of repayment 100000 310000 619690 Current portion 2864 310000 616826 6 C APIT AL AS SETS Accumulated Net book Cost amortization value 2007 L a n d 51015 51015 Building 172052 18201 153851 Office equipment 113387 77365 36022 V ehicles 1941479 1020072 921407 Mining equipment 7732459 3191545 4540914 Equipment 176383 88078 88305 Computer equipment 120820 75799 45021 L easehold improvements 77565 36430 41135 10385160 4507490 5877670 F36