Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Takeover Candidate

Aug 13, 2010 12:29PM

Aug 13, 2010 01:33PM

Aug 13, 2010 02:31PM

I'm convinced that if Wengfu comes in and takes a big equity share in the Company we could be right back up to our 52 week highs whenever the news is annouced. Either by the end of the quarter or end of year, but long before a few years.

Having said that if the smart money already knows this isn't the case then the shares head lower from here. That may be what's playing out. We'll find out when Wengfu makes their intentions known.

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