Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: None of this makes any sense to me

Nov 30, 2011 09:54AM

Nov 30, 2011 11:42AM

Nov 30, 2011 11:59AM

To date all I can say is what these people have been telling all of us is not worth anything!

We're all losing big-time on this stock and it's just the same story from them about a lot of interested parties that never come to fruition. Even if they begin in Feb. to get some revenue going how long will it take to actually start making money from selling the rock? 6 monthes...8 monthes....longer? They don't have enough money to stay in business that long. Who in the hell was planning where the Company was going to be IF they didn't secure an equity partner before the money ran out? They're paying themselves well and flying all over the world on a Company funded jet, while LGDI goes bankrupt without some sort of help that nobody knows how will come. This sounds like a recipe for disaster to me and the share price just continues to confirm my beliefs.


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