Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: This stock is hemorrhaging badly

I think there are a lot of stockholders who got in when the stock was under a dollar. Plus there are many who jumped on around 4 - 4.50 who are now exposed. Both groups are bailing - one to realise profits, the other to minimise losses. I agree this will shake out the lower hanging fruit who have been momentum playing. The Amex listing is very close. There is still a world class phosphate reserve. It'just that last month the glass was half full, now it is half empty. This commodities shake out isn't going to last forever and besides the need for fertiliser is based on fundamentals. I'm as disappointed as anyone but then again I'm not playing the long game here and in the end I think we win.

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