Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: Our SP is at the mercy of LGDI mgmt and their desire to issue press releases

I don't agree. The markets are contrarian right now. Releasing good news now would be like peeing in the wind. It may give you a warm feling but nothing else. If Obama arriving with a trillion dollar stimulus package is greeted with a 4% drop in the major indices - I'd be keeping my powder dry until things cool down, equilibrium is restored and cooler, rational minds are in control. This will probably be another uncomfortable, irrational, rollercoaster year or at least 6-9 months. Keep your seatbelts fastened and just thank God that we are airbourne with great reserves and money in the bank.



Share
New Message
Please login to post a reply