Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: The stock is taking a beating

To sell out now is foolish in my opinion. We are near the previously established high which could serve as support. Maybe if it closes a somewhere near but under 1 for a few days, then I would be concerned. Seems like that could take it back down to .65-.75 where IFFCO could start buying agin, maybe even Wengfu. But until that happends, there is no new information to warrant a significant fall. Investors are just kicking around the ball, the game hasn't started yet. We'll know when it does. We shouldn't be surprised at the high volatility. Either you're in long term or not, there's no use checking the price every day. Over half of my portfolio is mining/gold/agriculture with a big position in Legend....In a few years, I either won or lost, there's no in between for me.

ps...I wrote management asking about ASX listing yesterday. I'll post an update if/when I get a reply.

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