Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: What we need is for Legend to announce a stock buy back plan

Reading thru the latest 10-Q that came out this am, there is one item that needs to be looked at closely.

WE (LGDI) HAVE 124 MILLION DOLLARS IN THE BANK!

Based on the 226 Million shares outstanding, we are sitting on almost 55 cents/share in CASH.

Basically the stock is trading at less than the cash on hand and putting NO VALUE on our phosphate deposits.

Talk about ridiculous, I am crawling out of my skin typing this info!!

Spread the word to all friends and family because opportunities like this come around once in a lifetime!!

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