Legend International Holdings, Inc

The company currently holds an initial Australian JORC code compliant Inferred Mineral Resource Estimate for a partial area of Paradise South which has been completed and reports a total of 72 million tonnes @ 17% P2O5 at a minimum cut off grade of 12% P2O5.

Wonder what this will do to fertilizer demand.

http://www.reuters.com/article/idUSTRE6742QQ20100806

Commodities in general have been rising. Also see updated comparison chart of LGDI share price with agricultural commodity market. The market made a HUGE unexpected comback in the last couple months. In June it was near a 2 year low...today it is at a 2 year high:

http://stockcharts.com/h-sc/ui?s=LGDI&p=D&yr=2&mn=0&dy=0&id=p94268373971

Please login to post a reply
petrescu
City
Rank
Treasurer
Activity Points
460
Rating
Your Rating
Date Joined
11/11/2009
Social Links
Private Message
Legend International Holdings, Inc
Symbol
LGDI
Exchange
OTCBB
Shares
226,399,674
Industry
Metals & Minerals
Website
Create a Post