IFFCO buying strong at higher prices!!

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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bigphos

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IFFCO buying strong at higher prices!!

posted on Jun 01, 2009 07:49AM

IFFCO just filed that they bought another 490,100 shares on 5/28 at 60cents/share and 11,600 shares on 5/29 at 60 cents /share.

They now own over 25 MILLION SHARES !!

When one of your largest shareholders and main customer for our product continually increases their position and ups the price from 50cents to 60cents what does that tell us all???

IFFCO, probably more than anyone else, knows the true value of what we really have. Let IFFCO continue to buy and take this stock out of weak hands, into their hands. When the float on this drys up, it won't take much for the share price to follow.