Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Patience will ultimately pay off

Patience will ultimately pay off

posted on Jul 08, 2008 05:52PM

These last few days have been tough to watch. But you can't exactly call it a sell off, the volume has been way too low. With a lack of news from the company and a bear market sentiment brewing in the markets at large, the stock has drifted down as one would expect it to do.

The real pay off will come to those with the patience to wait until the business starts shipping product. We all know that Legend has world class reserves with a long term client and contract to sell them.

The slightest good news will bring the stock back to its old high, and that news should be coming soon.

Good Luck to all those going long!

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