Good write-up on Legend! With a MC of 85 mil. and 125 mil in cash

we are selling at a 49% discount to share value so in effect we

are in a half off sale in our company in a crummy bear market.

A lot of mining stocks are selling at below cash per share value

in this market because the market is behaving in a bi-polar

fashion right now just like throwing the baby out with the bath

water. When the market turns around hopefully in 2009 we

will be priced much more fairly. And along in 2009 the mine will be that much more closer to producing oue beloved phosphate.

Look at the chart below of the king symbol POT even after its 50%

haircut this year.