Share volume remains strong as we wait for results

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Phosphate King

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Share volume remains strong as we wait for results

posted on Jun 08, 2009 11:52AM

All,

I am pleased that the share volume for LGDI remains strong as we wait for the company to transition from exploration phase to the shipping/profitable mining company that we "knew" we were investing in all along.

Personally, I would like to see the Gutnicks take a more active role in public relations. Mordi in particular is quite articulate and lives/works in NYC. This will make a huge difference as our initial shipping date comes closer.

Is anyone on this board concerned about the investment in North Australia diamonds? It is my belief that the Gutnicks can manage further diamond / Uranium exploration while building up the phosphate business and that we should expect nothing but upside from this venture.

The Gutnick investments in Acadian Mining in Canada remain totally separate from Legend. Are many people on this board following that investment? I am curious if there is sufficient interest to add that investment to this board in the near future.