Ann: Acquisition of Holleton Gold Project , page-2

Jake's main concern at present is finding a way to lift this share price back to the $2.00 mark by year end. Acquiring further tenements that can only be developed in 4-5 years away is absurd. The gold price could be around $800 an ounce @ that time and it all could go to shit. We already have a multitude of greenstone belts to spend our expenisve drilling capital on - why acquire more? The most obvious way of lifting this share price is for Jake to announce a generous return on shareholder investment in the upcoming quarterly report. EVN should not be the "growth vehicle" for NCM!!!

NCM issues a shareholder dividend and so should we. Yes Jake, we are "positioned for growth" but it's going to be at the sharholders' expense. I would like to remind you that we are the ones that got you here so it's time for all shareholders to be rewarded with a business plan that forges the share price above the $2.00 mark before this year is out. Forget about your ego by making us the 2nd biggest gold producer (behind NCM) in Australia by 2013 because that's one receipe of destroying shareholder wealth. Gold is a risky business and we should be rewarded now not 5-10 years from now.

Shareholders value a high share price not a company continually developing year in year out at shareholder expense. Value and reward what we already have. If you don't we the shareholders won't get a divvy and we won't have a decent share price.