Someone out there is buying

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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bigphos

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Someone out there is buying

posted on Sep 17, 2010 10:07AM

Last few days someone has obviously been out there"quietly buying" LGDI.

Looks like someone starting to slowly accumulate in advance of the next announcement due at the end of the month.

The stock hasn't closed above 80 cents since the end of July, after the fall back down from over $1.00 in anticipation of the last "big" news release.

Let's see if this trend continues the next couple of weeks. At some point I would like to see some serious volume days leading up to the end of month.