Happ New Year to all!

Well it appears that some of those traders with a short term view on LGDI have delayed taking their end of year profits on the run up of the stock until this morning. They will effectively defer their requirement to pay capital gains until 2011, and they have afforded us an opportunity to accumulate additional shares on the dip.

The bids are coming back strong now and the stock should recover nicely over the next few days.

This stock is poised to rocket on good news and there are no less than four or five positive announcements anticipated in Q1.

* JORC update

* ASX Filing

* First customer ship to IFFCO

* Confirmation of deal with Wengfu

* Listing on Amex (move from BB, 30 days after holding at $2. or higher) ... ...

Go strong and long on LGDI for 2010!

PS: Predicting no less than $4.00 for a mid year 2010 stock price.

What are your 2010 predictions for the stock?