I suppose I haven't participated I'm the debate are my scathing comments of legend
Jason I respect your experience of being a broker but don't care much about you boasting about your wealth. It may be true that legend might be the real deal but have always thought mark Wilson is the doctor of spin. They also had a run to 9.9 c after Xmas 11 but news has confirmed it's current 3 c status. I also consider the 6 hole drill program in m east will provide inconclusive evidence about the size of the resource. I think they delayed these latest results to coincide with the cap raise.
So it might be great buy at 3 c but if the euro problems become a greater issue then 2c might be a better buy. I never believe what I read on hot copper, it's a vehicle for self interest. I personally believe that leg will be a good investment but at the results of 26% to 36% are sumply not up to standard. For the environment damage to get this iron out is not worth the effort. Thats the problem with the world, we invest in crap companies like legend for the sake of making a few thousands, but we have no guilt about the forest that they will destroy to get rubblish grades of iron.
Legend is all about the spin I'm afraid. Till those grades improve they will always be a 3 c company. It's that simple
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