good buying early, page-11

In his position of CFO of Gindalbie, Mr Gordon was responsible for all of the Group?s corporate financing
and administration functions and was instrumental in fostering the strong relationship currently in place
with its Chinese joint venture partner, Anshan Iron & Steel Group Corp. He played a key role in building
the Company from a junior iron ore explorer with a market cap of $25 million to the iron ore development
company it is today with a market cap of circa $881 million.

When Mr Gordon took over the role of managing director of Glengarry resources in may 2009 the market cap was around $10 million but today the market cap is around $55 million and is he on the same path from junior iron ore explorer/producer to a iron ore development company of repute in the future.