Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Lingering Question

Lingering Question

posted on Nov 04, 2008 04:01PM

Seeing the underlying strength of the LGDI fundamentals::

1. Claimed vast amounts of valuable minerals

2. The predicted P supply/demand projections

3. The geographical advanatage of LGDI to the Eastern markets

3. Even in a down market, the profit potential and wealth of Mosaic and Potash

Someopne has been dumping a lot of stock at real low prices.

1. Is this just hedge deleveraging and disappointment in the slow pace of physical developement.

2. Lack of recent updates on the mineral audits.

3. Problems with fianacing

Could it be that it is Pappa Joe and his group who is dumping stock

The lingering question? what are the rights of the minor stockholders faced with a buy-out or the company going private after the stock has been driven so low?


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