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.

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Poverty breeds Fanatasy

over 12 years ago

in response to donzo37's message

Donzo,

I like your slogan, "Poverty Breeds Fantasy".

At this point in the game, there is nothing more that we can do with our shares but fantasize that this stock will be worth something again one day.

I still find it hard to believe that the company hasn't made an effort to ship rock. At tleast this would keep them cash flow positive until some other deal comes through for the company.

How hard should it be for someone like Gutnick to understand that a small step like shipping unprocessed rock can be done in parallel to fulfilling his Grandiose dreams for finding an equity investor.

If his dreams don't materialize, at least we would have a company worth a buck or two a share over the next few years. I do believe that the rock is real, and that it does have value.