Our SP is at the mercy of LGDI mgmt and their desire to issue press releases
posted on
Jan 20, 2009 11:55AM
It has become increasingly clear that our SP is directly correlated to the slow trickle of news that is released from the company. There have been no press releases since November 2008.
If LGDI management were to create a schedule of news releases / updates to be put out on the wire service, one per week for the next 6 to 10 weeks, the company could recoup many of their highs from the last year.
As an outsider I can think of a long list of updates that will rebuild confidence in the company and its' valuation, some of which include:
* Share the results of the final feasibility study
* Share an update on the permit status to extend the rail lines to the phosphate sites
* Share an update on the actual rail line extension project and name the company doing the work
* Share a fresh target date for the first shipment of goods in 2009
* Share an update on the Gov't permitting required to move the phosphate, or state that no permits are required. Whatever the case may be.
* Share a status on the Uranium, Diamonds or other metals that were found when the reverse circulation drilling was performed on these tenements in 2008
We need to make our requests heard by LGDI management. If they respond positively to our requests, we will stand to see a positive change in the SP regardless of the current economic instability.
Please send your requests for the release of informational updates directly to the company. If enough of us participate in this activity, it should have a positive impact.
For those of you that might say "don't bother them, they know what they are doing". These people need to look at the company from our vantage point for a change. We are being kept in the total dark regarding news updates and progress reports, and instead we are being asked to hold the stock on pure faith.
The time has come for management to disclose information on a regular basis, not just for those in the know.
Thanks!