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.

I found it interesting that not one share traded hands today, and am wondering if this is finally the bottom.

There is nothing for us long term turd farmers to do at this point, but wait to see what happens with the ASX listing, and to see how soon they may start shipping DSO to New Zealand.

If both of these tangible goals can be reached in succession over the next 12 to 15 months the SP may justifiably move back in the buck to two buck range and hold steady.

That is a far cry from where we are today.

I am not yet trying to introduce hope yet, but there may still be some life in this investment.

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Phosphate King
City
New York City
Rank
President
Activity Points
7196
Rating
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Date Joined
04/28/2008
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Legend International Holdings, Inc
Symbol
LGDI
Exchange
OTCBB
Shares
226,399,674
Industry
Metals & Minerals
Website
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