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.

Hope this is in our future only more so.

Yongye International Inc (NASDAQ: YONG) shares are soaring this morning, gaining nearly 60% after the company announced this morning that its CEO and MorganStanley would be investing a combined $53 million into the company.

The company's CEO, Zishen Wu, Chairman and ChiefExecutiveOfficer of Yongye International, is going to purchase $3 million worth of company stock.

Additionally, Morgan Stanley Private Equity Asia has agreed to make a $50 million equityinvestment (the "Investment") in Yongye.

At last check, shares of Yongye were up $2.15 in pre-market trading, gaining 57.33% to $5.90‎.

Yongye International, Inc., together with its subsidiaries, engages in the research and development, manufacturing, and distribution of fulvic acid based liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry.



Read more: http://www.benzinga.com/trading-ideas/long-ideas/11/05/1122561/yongye-international-jumping-55-on-ceo-morgan-stanley#ixzz1Nw7YftBQ

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City
long green
Rank
President
Activity Points
2697
Rating
Your Rating
Date Joined
10/17/2007
Social Links
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Legend International Holdings, Inc
Symbol
LGDI
Exchange
OTCBB
Shares
226,399,674
Industry
Metals & Minerals
Website
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