Developing phosphate interests in the Georgina Basin, Queensland, Australia

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by LGDI? If the asset value is half as good as hyped and if the big players are accumulating and if a deal is cooking/being sought, why jack up the price? If the value is not there then what does it matter?

INMHO I think the value is there, the economic/financial conditions are favorable, the dollar is falling, and I cannot think of a better place to park some of my money. I have also bought some mining stock and an under-arm Australian testosterone stock. I did DD going to that 2008 crash and took a real haircut.

I say we cool it, hope for a favorable outcome, and don't waste our time begging for news. I consider much of the rest of the equity market is there only to devoir us small-change chumps. Until I see Soros bailing I am still on board with LGDI. May the gods be kind in this unkind world.

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