LEG 0.00% 1.3¢ legend mining limited

why has the leg ship lost its steam, page-6

  1. 3,398 Posts.
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    Hi! All,

    LEG has still long long way to go. They have only rock chip sample of Iron ore. They cannot provide any data of drilling results yet. They are just about the drill that area. According to others mines and announcements of drilling results, the assay results won't be available in the short time frame. It might takes weeks and weeks. During that period , SP will fall back to the reasonable level from Peak. I think, SP will go back the range between 4c- 5c. And there will be impact from the world market as well. US deficits, Europe Debt crisis so on. SP cannot be strong enough to hold that level. Wait for the entry point it touch the bottom.IMO
 
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