Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Breakout today???

Breakout today???

posted on Feb 09, 2009 11:20AM

Avg 3 month volume 267k.

Today volume 1,163,000 shares traded today or about an increase of 400 %

Looks like some one was accumulating today for their position.

todays return +23%, if we have follow thru tomorrow on above average volume of approx. 150% we may have a confirmed breakout.

Both Mosiac and Potash have been flying since bottoming in December.

Also commodity based stocks have been rallying hard since December.

This is the period last year late winter-early spring when this thing was flying but

came down hard along with everything else. If the market gave us a share price@

high last year of 5.05- on a pure speculative mining junior, we could have a multiple

of many times of todays shareprice when there is more proof in the pudding, ie.

permitting, infrstructure, CAPEX, mine coming on-line etc.etc.etc. Legend has to be more transparent about whats going on. Once they gat on the AMEX or the TSX

they will be forced to make more timely updates and NR's. I have some junior gold stocks that are micro-juniors that report updates about every 2 weeks.

Well here's to a better 2009-after last year almost anything could be better.

Legend lets get that mine online and start feeding the world and adding money to our pockets.




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