Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Unbelievable

In the land of the blind the one-eyed man is king. Too many rumours no concrete facts. Look at the volumes - they are miniscule in respect of the 170 million shares out there. 70-90 K trading most days. The daily average has fallen to 234K ie 0.15% of the shares. This is not unwinding by any hedge fund. These are smallish lemmings falling off the cliff. The big boys and girls know the value of this play and while disappointed at the current price are sanguine and sleeping soundly at night.

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