Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: I don't know about you guys but i think it is time to laugh!

I don't know about you guys but i think it is time to laugh!

posted on Nov 22, 2008 10:59AM

Its like this when OTHERS HAVE FEAR BE GREEDY, WHEN OTHERS ARE GREEDY HAVE FEAR! There is definately risk in this stock as many questions lie unanswered but at these prices the risk element for anyone getting in, is much, much lower.

The things i like are we have 127 million in cash and no debt in the greatest financial crisis possibly ever that is extremely important. Secondly and to me this is the best clue is look at the people involved there is alot of money at stake and the fact that we have some of the investors we do tells me they think this thing is going to fly.

Lastly i'm less concerned with permits and environmental protectionism as i was simply because these things will be sped up simply because the governments are going to want to generate as much revenue and jobs as possible they can't afford to be turning anything down that could create either. No, greed will be the order of the day it has to be, the more people go hungry the less people are working the more the chance of anger and uprisings. This eventually leads to the governments removal its times like this when the public is heard most, so permits and the environmental protectionism takes a back seat until the smoke clears, thats my bet, thats our powerful investors bet,so my fear turns to laughter because in the end we have something others want and that in this environment is golden!JMHO!

P.S. Did any of you notice in the last 20 mins of trading on Fri. there were 400 000 shares picked up lets hope this carries over into next week and beyond!



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