Ann: Hawkeye Drilling Update Number 1, page-28

Directors dinning on free meals will always go for safety to increase the size of their plate knowing that there is another free meal down the track. Being in a position to direct another large buffet paid for by shareholders is far safer without using their own money to support their already large appetite for no risk. Perhaps paying a capital return rather than not having a job is a prime example of this type of greed. I do not understand a directors reason for selling without personally knowing their situation but i do have a understanding of geology and base my investment decision on that. Let the 1000mtr odd target enter into the hole created by the drill bit and then i will know whether the pressure of holding or selling has been worth the wait. As the saying goes " if you can't stand the heat get out of the kitchen".