Developing phosphate interests in the Georgina Basin, Queensland, Australia

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As usual I agree with Petrescu. This board is not for cheerleaders only and does need to hear all pts of view. When I first started buying stock in LGDI I did see complaints about the Gutnics having a history of not giving investors good returns for their money. I know they have been bleeding off company funds for pursuing other ambitions (NAD, Lear Jet, etc). The underlying claims (assets, geography, world ag needs, Soros/IFFCO, Australia's investment profile ( political stability/relative financial health/investor friendliness/geographical advantage/asset loaded profile) made the risk seem acceptable to me. Do I believe that some of our bloggers are company touts? Yes. Am I wondering if we have bought a stinker? Yes. But, I am still hanging in here hoping for the best. May we prosper.

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