Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: What keeps the stock so low

What keeps the stock so low

posted on Nov 14, 2008 09:22AM

Yes we have deleveraging, commodities are down, etc, but I think the big problem is the hurtful lack of infio.

When you look at the official proxy statemennt, LGDI has no certified mineral reserves, the results of the borings remain unannounced, and there are possible problems with environmental permissions, native territorial claims, etc.

We seem to be treating this as a done deal.

What are implications of reports of LGDI investing in a Chinese pharmaceutical giant (has been reportedly denied as a mistaken report but is still carried in the investment pages) Investing in the PRCpharm required a lot of money and getting hard currency out of China is difficult

Is it noit complicating that LGDI profits being tied to a diamond exploration company?

I admit that I am riding the coattails of the big boys (IFFCO, Soros, and the Dubai investment houses, etc.). I am still buying stock. This investment does offer a chance ofh a good rerward?

Are buybacks better than occasional clarifying words on the intentions of Poppa G and the conditions of his stock?

We could sure use timely updates on the boring rexults

Share
New Message
Please login to post a reply