An interesting observation

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Phosphate King

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An interesting observation

posted on Dec 03, 2009 09:27AM

I just went back to Legends web site and read the latest description of the company.

Legend no longer uses the words EXPLORATION COMPANY or JUNIOR MINING company.

Instead they have replaced those terms with, LEADING PHOSPHATE COMPANY and AT THE FOREFRONT OF THE PHOSPHATE ANF FERTILIZER INDUSTRY.

They clearly state that they "Plan to become one of the worlds leading suppliers of Phosphate and Fertiliser Products."

To use a well worn phrase, we have crossed the chasm. Legend should now be valued as an established entity. The terms exploration phase, and junior mining concern are a thing of the past.