Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: 52 week highs

Jalbiglog,

Trust me that you are not the only one out there with these thoughts crossing your mind.

The Gutnicks' have never been good at communicating with their shareholders, and it is a problem that has chased away a good number of investors, and will continue to do so.

At the same time, we all know that we are sitting on a world class deposit that is being shopped around by Nomura. If it takes another 2 weeks or 6 weeks to announce a deal, it is of little significance in the bigger picture. If no deal is announced in 6 months, it may be cause to cut bait and move anchor.

I believe that January 1st 2011 is a good demarcation point for the involvement of Nomura, and that end of June is a fair end point for the finalization of a real working plan, including identified partners, sources of funding, new management ... ... ... ...

Still Long & Strong LGDI

Share
New Message
Please login to post a reply