Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Be patient
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Jan 27, 2012 11:12PM
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Jan 30, 2012 08:50AM
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Jan 30, 2012 12:25PM

Jan 30, 2012 01:14PM

Jan 31, 2012 01:29PM
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Jan 31, 2012 09:47PM

I agree with your assessment and would add their using LGDI company funds like their own personal piggy bank hasn't helped matters either. I.E. private jet plane and large salaries to management. So, it just hasn't been the beneification plant scheme that's really hurt the money situation.

I think it's pretty obvious Mr.Gutnick and Co. have very big crediability issues and that's most likely why no one has stepped in to help. In hindsight Wengfu's denial to step in and partner with LGDI should have been a big, red flag to us that they saw something rotten in Denmark with this company. Now it's been another year with no resolution in sight.

My point is even with Attara liquidating their remaining shares, the greater issue is will there be a rescuer/sucker WILLING to trust this outfit with the past history they have? That's the $64,000 question.

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Feb 02, 2012 08:52PM

Feb 03, 2012 12:02AM
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Feb 03, 2012 12:06PM
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